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Subchapter A. General Provisions
Section 2602.001. Short Title - Sec. 2602.001. SHORT TITLE. This chapter may be cited as...
Section 2602.002. Purposes and Findings - Sec. 2602.002. PURPOSES AND FINDINGS. (a) This chapter is for:...
Section 2602.003. Definitions - Sec. 2602.003. DEFINITIONS. In this chapter: (1) "Affiliate" means a...
Section 2602.004. Description of Control - Sec. 2602.004. DESCRIPTION OF CONTROL. (a) For purposes of this...
Section 2602.005. Applicability; Conflict With Other Laws - Sec. 2602.005. APPLICABILITY; CONFLICT WITH OTHER LAWS. (a) This chapter...
Section 2602.006. Construction - Sec. 2602.006. CONSTRUCTION. (a) This chapter shall be liberally construed...
Section 2602.007. Prohibited Use of Protection Provided by Chapter - Sec. 2602.007. PROHIBITED USE OF PROTECTION PROVIDED BY CHAPTER. (a)...
Section 2602.008. Immunity - Sec. 2602.008. IMMUNITY. (a) Liability does not exist and a...
Section 2602.009. Association and Title Insurance Companies as Interested Parties - Sec. 2602.009. ASSOCIATION AND TITLE INSURANCE COMPANIES AS INTERESTED PARTIES....
Section 2602.010. Rules - Sec. 2602.010. RULES. The commissioner shall adopt reasonable rules as...
Section 2602.011. Information Provided by and to Commissioner - Sec. 2602.011. INFORMATION PROVIDED BY AND TO COMMISSIONER. (a) The...
Section 2602.012. Appeals - Sec. 2602.012. APPEALS. (a) A title insurance company may appeal...
Section 2602.013. Venue - Sec. 2602.013. VENUE. An action against the association or an...
Subchapter B. Governance of Texas Title Insurance Guaranty Association
Section 2602.051. Association as Legal Entity; Supervision; Membership - Sec. 2602.051. ASSOCIATION AS LEGAL ENTITY; SUPERVISION; MEMBERSHIP. (a) The...
Section 2602.052. Board of Directors - Sec. 2602.052. BOARD OF DIRECTORS. (a) The association's powers are...
Section 2602.053. Eligibility to Serve as Public Representative - Sec. 2602.053. ELIGIBILITY TO SERVE AS PUBLIC REPRESENTATIVE. (a) In...
Section 2602.054. Term; Vacancy - Sec. 2602.054. TERM; VACANCY. (a) Board members serve staggered six-year...
Section 2602.055. Compensation of Board Members - Sec. 2602.055. COMPENSATION OF BOARD MEMBERS. A board member may...
Section 2602.057. Rights of Title Insurance Company With Representative on Board - Sec. 2602.057. RIGHTS OF TITLE INSURANCE COMPANY WITH REPRESENTATIVE ON...
Subchapter C. General Powers and Duties of Association
Section 2602.101. General Powers and Duties - Sec. 2602.101. GENERAL POWERS AND DUTIES. (a) In addition to...
Section 2602.102. Plan of Operation - Sec. 2602.102. PLAN OF OPERATION. (a) The association shall perform...
Section 2602.103. Employees and Experts - Sec. 2602.103. EMPLOYEES AND EXPERTS. (a) The association may employ...
Section 2602.104. Association Records - Sec. 2602.104. ASSOCIATION RECORDS. (a) The association shall maintain a...
Section 2602.105. Meeting by Conference Call - Sec. 2602.105. MEETING BY CONFERENCE CALL. Notwithstanding Chapter 551, Government...
Section 2602.106. Accounts - Sec. 2602.106. ACCOUNTS. For purposes of administration and assessment, the...
Section 2602.107. Administrative Expenses - Sec. 2602.107. ADMINISTRATIVE EXPENSES. (a) The association may use money...
Section 2602.108. Deposit of Fees and Assessments - Sec. 2602.108. DEPOSIT OF FEES AND ASSESSMENTS. The association may...
Section 2602.109. Use of Excess Money in Accounts - Sec. 2602.109. USE OF EXCESS MONEY IN ACCOUNTS. (a) The...
Section 2602.110. Expenses of Administering Impaired Insurer or Impaired Agent - Sec. 2602.110. EXPENSES OF ADMINISTERING IMPAIRED INSURER OR IMPAIRED AGENT....
Section 2602.111. Delegation of Powers and Duties - Sec. 2602.111. DELEGATION OF POWERS AND DUTIES. (a) The plan...
Section 2602.112. Exemption From Taxation - Sec. 2602.112. EXEMPTION FROM TAXATION. The association is exempt from...
Section 2602.113. Detection and Prevention of Impairment - Sec. 2602.113. DETECTION AND PREVENTION OF IMPAIRMENT. (a) The board...
Section 2602.114. Meeting of Board on Impaired Title Insurance Company or Agent - Sec. 2602.114. MEETING OF BOARD ON IMPAIRED TITLE INSURANCE COMPANY...
Section 2602.115. Association and Board Advice and Assistance - Sec. 2602.115. ASSOCIATION AND BOARD ADVICE AND ASSISTANCE. (a) On...
Section 2602.116. Board Access to Records - Sec. 2602.116. BOARD ACCESS TO RECORDS. The receiver, supervisor, conservator,...
Section 2602.117. Board Report at Conclusion of Impairment - Sec. 2602.117. BOARD REPORT AT CONCLUSION OF IMPAIRMENT. At the...
Subchapter D. Policy Guaranty Fees
Section 2602.151. Payment of Fee - Sec. 2602.151. PAYMENT OF FEE. (a) An agent or, if...
Section 2602.152. Amount of Fee - Sec. 2602.152. AMOUNT OF FEE. Annually or more frequently, the...
Section 2602.153. Use of Fee - Sec. 2602.153. USE OF FEE. (a) The association shall collect,...
Section 2602.154. Enforcement of Fee - Sec. 2602.154. ENFORCEMENT OF FEE. (a) After notice and opportunity...
Subchapter E. Assessments
Section 2602.201. Making of Assessment - Sec. 2602.201. MAKING OF ASSESSMENT. (a) If the commissioner determines...
Section 2602.202. Amount of Assessment; Proration of Payment - Sec. 2602.202. AMOUNT OF ASSESSMENT; PRORATION OF PAYMENT. (a) The...
Section 2602.203. Notice and Payment - Sec. 2602.203. NOTICE AND PAYMENT. The association shall give each...
Section 2602.204. Exemption for Impaired Title Insurance Company - Sec. 2602.204. EXEMPTION FOR IMPAIRED TITLE INSURANCE COMPANY. A title...
Section 2602.205. Deferment - Sec. 2602.205. DEFERMENT. (a) The association may defer in whole...
Section 2602.206. Participation Receipts - Sec. 2602.206. PARTICIPATION RECEIPTS. (a) On receipt from a title...
Section 2602.207. Accounting; Reports; Refund - Sec. 2602.207. ACCOUNTING; REPORTS; REFUND. (a) The association shall adopt...
Section 2602.208. Use of Assessments - Sec. 2602.208. USE OF ASSESSMENTS. (a) Money from assessments is...
Section 2602.209. Failure to Pay; Collection by Commissioner - Sec. 2602.209. FAILURE TO PAY; COLLECTION BY COMMISSIONER. (a) The...
Section 2602.210. Recovery of Assessment in Rates; Tax Credit - Sec. 2602.210. RECOVERY OF ASSESSMENT IN RATES; TAX CREDIT. (a)...
Subchapter F. Covered Claims
Section 2602.251. Covered Claims in General - Sec. 2602.251. COVERED CLAIMS IN GENERAL. An unpaid claim is...
Section 2602.252. Claim Against Trust Funds or Escrow Account - Sec. 2602.252. CLAIM AGAINST TRUST FUNDS OR ESCROW ACCOUNT. An...
Section 2602.253. Claim in Connection With Fidelity of Agent - Sec. 2602.253. CLAIM IN CONNECTION WITH FIDELITY OF AGENT. An...
Section 2602.254. Certain Conservator and Receiver Expenses Covered - Sec. 2602.254. CERTAIN CONSERVATOR AND RECEIVER EXPENSES COVERED. Reasonable and...
Section 2602.255. Claims Not Covered - Sec. 2602.255. CLAIMS NOT COVERED. The following are not covered...
Section 2602.256. Amount of Covered Claim; Limit - Sec. 2602.256. AMOUNT OF COVERED CLAIM; LIMIT. (a) A covered...
Section 2602.257. Exhaustion of Other Rights Required - Sec. 2602.257. EXHAUSTION OF OTHER RIGHTS REQUIRED. (a) A person...
Section 2602.258. Certain Money Authorized for Use in Paying Covered Claim; Limit - Sec. 2602.258. CERTAIN MONEY AUTHORIZED FOR USE IN PAYING COVERED...
Section 2602.259. Stay of Proceedings; Certain Decisions Not Binding - Sec. 2602.259. STAY OF PROCEEDINGS; CERTAIN DECISIONS NOT BINDING. (a)...
Section 2602.260. Admissibility of Payment - Sec. 2602.260. ADMISSIBILITY OF PAYMENT. In a lawsuit brought by...
Section 2602.261. Appeal of Claim Determination - Sec. 2602.261. APPEAL OF CLAIM DETERMINATION. A claimant's right of...
Subchapter G. Association Powers and Duties Relating to Covered Claims
Section 2602.301. General Powers and Duties of Association in Connection With Payment of Covered Claims - Sec. 2602.301. GENERAL POWERS AND DUTIES OF ASSOCIATION IN CONNECTION...
Section 2602.302. Payment of Covered Claims - Sec. 2602.302. PAYMENT OF COVERED CLAIMS. (a) The association shall...
Section 2602.303. Servicing Facility - Sec. 2602.303. SERVICING FACILITY. (a) The association may handle claims...
Section 2602.304. Advance as Loan - Sec. 2602.304. ADVANCE AS LOAN. Money advanced by the association...
Section 2602.305. Association in Place of Impaired Title Insurance Company or Agent - Sec. 2602.305. ASSOCIATION IN PLACE OF IMPAIRED TITLE INSURANCE COMPANY...
Section 2602.306. Assignment of Claimant's Rights - Sec. 2602.306. ASSIGNMENT OF CLAIMANT'S RIGHTS. (a) Any cause of...
Section 2602.307. Settlement by Association Binding; Priority of Claim and Expenses - Sec. 2602.307. SETTLEMENT BY ASSOCIATION BINDING; PRIORITY OF CLAIM AND...
Section 2602.308. Report to Receiver - Sec. 2602.308. REPORT TO RECEIVER. The association shall periodically file...
Subchapter H. Conservator or Receiver Powers and Duties Relating to Covered Claims
Section 2602.351. Determination of Conservator Concerning Reinsurance, Assumption, or Substitution - Sec. 2602.351. DETERMINATION OF CONSERVATOR CONCERNING REINSURANCE, ASSUMPTION, OR SUBSTITUTION....
Section 2602.352. Notice of Determination Concerning Actual Payment - Sec. 2602.352. NOTICE OF DETERMINATION CONCERNING ACTUAL PAYMENT. (a) On...
Section 2602.353. Filing of Covered Claim - Sec. 2602.353. FILING OF COVERED CLAIM. The conservator may require...
Section 2602.354. Claim by Person With Cause of Action Against Insured - Sec. 2602.354. CLAIM BY PERSON WITH CAUSE OF ACTION AGAINST...
Section 2602.355. Report to Association - Sec. 2602.355. REPORT TO ASSOCIATION. (a) A receiver of an...
Subchapter I. Operation of Impaired Title Insurance Company or Agent
Section 2602.401. Issuance or Renewal of Policies - Sec. 2602.401. ISSUANCE OR RENEWAL OF POLICIES. (a) If an...
Section 2602.402. Distributions to Shareholders and Affiliates - Sec. 2602.402. DISTRIBUTIONS TO SHAREHOLDERS AND AFFILIATES. (a) An impaired...
Section 2602.403. Assets Attributable to Covered Policies - Sec. 2602.403. ASSETS ATTRIBUTABLE TO COVERED POLICIES. (a) For the...
Subchapter J. Additional Duties of Association
Section 2602.451. Applicability - Sec. 2602.451. APPLICABILITY. This subchapter applies, at the commissioner's discretion...
Section 2602.452. Actions for Certain Agents - Sec. 2602.452. ACTIONS FOR CERTAIN AGENTS. (a) The commissioner may...
Section 2602.453. Authority of Association; Cooperation of Officers, Owners, and Employees - Sec. 2602.453. AUTHORITY OF ASSOCIATION; COOPERATION OF OFFICERS, OWNERS, AND...