Sec. 2502.002. COVERAGE FOR UNMARKETABILITY OF TITLE PROHIBITED. (a) An insurance company may not insure against loss or damage by reason of unmarketability of title.
(b) The commissioner may not adopt a rule or form providing for coverage prohibited by this section.
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