Sec. 2502.001. ENGAGING IN CERTAIN INSURANCE BUSINESS PROHIBITED. (a) A domestic or foreign corporation operating under this title may not engage in the business of any kind of insurance other than title insurance.
(b) A company may not engage in the business of title insurance if the company engages in the business of another kind of insurance.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Structure Texas Statutes
Subtitle A - General Provisions
Chapter 2502 - Prohibited Conduct
Subchapter A. Prohibited Conduct in General
Section 2502.001. Engaging in Certain Insurance Business Prohibited
Section 2502.002. Coverage for Unmarketability of Title Prohibited
Section 2502.003. Insuring Around Defined; Prohibitions and Exceptions
Section 2502.004. Guarantee of Mortgage Payment Prohibited
Section 2502.005. Civil Penalty
Section 2502.006. Certain Extra Hazardous Coverages Prohibited