Sec. 2502.051. REBATES AND DISCOUNTS PROHIBITED. A commission, rebate, discount, portion of a title insurance premium, or other thing of value may not be directly or indirectly paid, allowed, or permitted by a person engaged in the business of title insurance or received or accepted by a person for engaging in the business of title insurance or for soliciting or referring title insurance business.
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 B. Rebates and Discounts
Section 2502.051. Rebates and Discounts Prohibited
Section 2502.052. Certain Divisions of Real Property Charges Prohibited
Section 2502.053. Certain Compensatory Payments Not Prohibited
Section 2502.054. Certain Divisions of Premiums Not Prohibited
Section 2502.055. Promotional and Educational Activities Not Rebates