Texas Statutes
Subtitle B - Organization of Title Insurance Companies
Chapter 2551 - Title Insurers

Subchapter A. General Provisions

Section 2551.001. Applicability of Title and Other Law - Sec. 2551.001. APPLICABILITY OF TITLE AND OTHER LAW. (a) Except...

Section 2551.002. Applicability of Law Governing Corporations - Sec. 2551.002. APPLICABILITY OF LAW GOVERNING CORPORATIONS. A title insurance...

Section 2551.003. Rulemaking; Authority of Department and Commissioner - Sec. 2551.003. RULEMAKING; AUTHORITY OF DEPARTMENT AND COMMISSIONER. (a) The...

Subchapter B. Formation

Section 2551.051. Formation; General Purposes and Powers - Sec. 2551.051. FORMATION; GENERAL PURPOSES AND POWERS. (a) A private...

Section 2551.052. Name - Sec. 2551.052. NAME. (a) The name of a corporation chartered...

Section 2551.053. Stock and Surplus Requirements - Sec. 2551.053. STOCK AND SURPLUS REQUIREMENTS. (a) A title insurance...

Section 2551.054. Purchase of Own Stock - Sec. 2551.054. PURCHASE OF OWN STOCK. (a) Subject to Section...

Section 2551.055. Charter of Corporation Engaging in Business of Title Insurance - Sec. 2551.055. CHARTER OF CORPORATION ENGAGING IN BUSINESS OF TITLE...

Section 2551.056. Regulation of Certain Corporations - Sec. 2551.056. REGULATION OF CERTAIN CORPORATIONS. (a) A corporation incorporated...

Subchapter C. Authority to Engage in Business

Section 2551.101. Certificate of Authority Required - Sec. 2551.101. CERTIFICATE OF AUTHORITY REQUIRED. A title insurance company...

Section 2551.102. Issuance of Certificate of Authority - Sec. 2551.102. ISSUANCE OF CERTIFICATE OF AUTHORITY. (a) Subject to...

Subchapter D. General Powers and Duties

Section 2551.151. Admissible Investments - Sec. 2551.151. ADMISSIBLE INVESTMENTS. (a) A title insurance company shall...

Section 2551.152. Annual Statement - Sec. 2551.152. ANNUAL STATEMENT. (a) Not later than March 1...

Section 2551.153. Fees - Sec. 2551.153. FEES. The general laws applicable to payment of...

Section 2551.154. Transfer of Certain Business to State Banks or Trust Companies - Sec. 2551.154. TRANSFER OF CERTAIN BUSINESS TO STATE BANKS OR...

Subchapter E. Required Deposit

Section 2551.201. Deposit Required; Amount - Sec. 2551.201. DEPOSIT REQUIRED; AMOUNT. (a) Except as provided by...

Section 2551.202. Exception: Foreign Title Insurance Company - Sec. 2551.202. EXCEPTION: FOREIGN TITLE INSURANCE COMPANY. (a) A foreign...

Section 2551.203. Withdrawal and Substitution of Deposit - Sec. 2551.203. WITHDRAWAL AND SUBSTITUTION OF DEPOSIT. A title insurance...

Section 2551.204. Use of Deposit - Sec. 2551.204. USE OF DEPOSIT. (a) Except as otherwise provided...

Subchapter F. Reserves

Section 2551.251. Statutory Premium Reserve Required - Sec. 2551.251. STATUTORY PREMIUM RESERVE REQUIRED. (a) Each domestic title...

Section 2551.252. Amounts Added to Reserve for Calendar Year 1997; Reductions - Sec. 2551.252. AMOUNTS ADDED TO RESERVE FOR CALENDAR YEAR 1997;...

Section 2551.253. Amounts Added to Reserve for Calendar Years After 1997; Reductions - Sec. 2551.253. AMOUNTS ADDED TO RESERVE FOR CALENDAR YEARS AFTER...

Section 2551.254. Transitional Release; Transitional Charge - Sec. 2551.254. TRANSITIONAL RELEASE; TRANSITIONAL CHARGE. (a) In addition to...

Section 2551.255. Runoff Balance - Sec. 2551.255. RUNOFF BALANCE. (a) At the end of each...

Section 2551.256. Actuarial Certification - Sec. 2551.256. ACTUARIAL CERTIFICATION. (a) Each domestic or foreign title...

Section 2551.257. Supplemental Reserve - Sec. 2551.257. SUPPLEMENTAL RESERVE. Each domestic or foreign title insurer...

Section 2551.258. Reevaluation of Certain Reserve Requirements - Sec. 2551.258. REEVALUATION OF CERTAIN RESERVE REQUIREMENTS. (a) The commissioner...

Section 2551.259. Statutory Premium Reserve and Supplemental Reserve Fund - Sec. 2551.259. STATUTORY PREMIUM RESERVE AND SUPPLEMENTAL RESERVE FUND. The...

Section 2551.260. Effect of Insolvency or Dissolution - Sec. 2551.260. EFFECT OF INSOLVENCY OR DISSOLUTION. On the insolvency...

Section 2551.261. Reserve for Unpaid Losses and Loss Expenses - Sec. 2551.261. RESERVE FOR UNPAID LOSSES AND LOSS EXPENSES. (a)...

Subchapter G. Liability and Reinsurance

Section 2551.301. Maximum Policy Liability - Sec. 2551.301. MAXIMUM POLICY LIABILITY. (a) Except as provided by...

Section 2551.302. Requirements for Reinsuring Policies - Sec. 2551.302. REQUIREMENTS FOR REINSURING POLICIES. A title insurance company...

Section 2551.304. Acceptance of Reinsurance - Sec. 2551.304. ACCEPTANCE OF REINSURANCE. A title insurance company may...

Section 2551.305. Reinsurance From Non-Admitted Title Insurer - Sec. 2551.305. REINSURANCE FROM NON-ADMITTED TITLE INSURER. Notwithstanding any other...

Section 2551.3055. Reinsurance From Insurer Other Than Title Insurer - Sec. 2551.3055. REINSURANCE FROM INSURER OTHER THAN TITLE INSURER. Notwithstanding...

Subchapter H. Enforcement and Intervention

Section 2551.351. Forfeiture of Right to Engage in Business - Sec. 2551.351. FORFEITURE OF RIGHT TO ENGAGE IN BUSINESS. (a)...

Section 2551.352. Revocation of Permit and Forfeiture of Charter - Sec. 2551.352. REVOCATION OF PERMIT AND FORFEITURE OF CHARTER. (a)...

Section 2551.353. Procedure for Revocation of Certificate - Sec. 2551.353. PROCEDURE FOR REVOCATION OF CERTIFICATE. (a) If the...

Section 2551.354. Appeal of Commissioner Action - Sec. 2551.354. APPEAL OF COMMISSIONER ACTION. (a) A company qualified...