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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Before a direct operation license is issued to a title insurance company, the company must file an application for a direct operation license on forms provided by the department.
(b) The application must be:
(1) accompanied by a nonrefundable license fee; and
(2) signed and sworn to by the title insurance company.
(c) The completed application must state that:
(1) the title insurance company is a Texas corporation or a foreign corporation holding a certificate of authority to insure titles to real property in this state and meets the requirements of this title; and
(2) the abstract plant to be licensed:
(A) complies with department requirements relating to abstract plants; and
(B) has been approved by the department.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 2651.052. License Application - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2651-052/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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