Sec. 2651.0021. PROFESSIONAL TRAINING PROGRAM. (a) The commissioner shall adopt by rule a professional training program for a title insurance agent and the management personnel of the title insurance agent.
(b) The professional training program must be designed to provide information regarding:
(1) the basic principles and coverages related to title insurance;
(2) recent and prospective changes in those principles and coverages;
(3) applicable rules and laws;
(4) proper conduct of the license holder's title insurance business;
(5) accounting principles and practices and financial responsibilities and practices relevant to title insurance; and
(6) the duties and responsibilities of a title insurance agent.
(c) Professional training program hours may be used to satisfy the continuing education requirements established under Section 2651.204.
(d) A professional training program course must be offered by:
(1) a statewide title insurance association, statewide title agents' association or professional association, or local chapter of a statewide title insurance or title agents' association or professional association;
(2) an accredited college or university;
(3) a career school or college as defined by Section 132.001, Education Code;
(4) the State Bar of Texas;
(5) an educational publisher;
(6) a title insurance company authorized to engage in business in this state;
(7) a company that owns one or more title insurance companies authorized to engage in business in this state;
(8) a public school system in this state; or
(9) an individual accredited as an instructor by an entity described by Subdivisions (1)-(8).
(e) An individual is exempt from the professional training requirement of this section if the individual has held in this state for at least five years a position as management personnel with a title insurance agent, or a comparable position, as determined under rules adopted by the commissioner.
Added by Acts 2009, 81st Leg., R.S., Ch. 1025 (H.B. 4338), Sec. 12, eff. September 1, 2009.
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