Texas Insurance Code § 2651.001 License And Bond Or Deposit Required

Sec. 2651.001. LICENSE AND BOND OR DEPOSIT REQUIRED. (a) An individual, firm, association, or corporation may not act in this state as a title insurance agent for a title insurance company unless the individual or entity:

(1) holds a license as an agent issued by the department; and

(2) maintains a surety bond or deposit required under Subchapter C.

(b) A title insurance company may not allow or permit an individual, firm, association, or corporation to act as its agent in this state unless the individual or entity complies with this section.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

Section: 2651.001  2651.002  2651.0021  2651.003  2651.004  2651.005  2651.006  2651.007  2651.008  2651.009  2651.010  2651.011  2651.012  2651.0121  2651.013  Next

Last modified: September 28, 2016