Sec. 2702.001. INSURED CLOSING AND SETTLEMENT LETTER: LOANS. (a) On request, a title insurance company may issue insured closing and settlement letters in connection with the closing and settlement by a title insurance agent or direct operation of loans relating to real property located in this state.
(b) Insured closing and settlement letters must be issued in the form prescribed by the commissioner.
(c) A title insurance company may not impose a charge for issuing insured closing and settlement letters under this section.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Section: 2702.001 2702.002 2702.003 2702.051 2702.052 2702.053 2702.054 2702.101 2702.102 NextLast modified: September 28, 2016