Sec. 2553.003. TAXES AND FEES. (a) A corporation organized and incorporated under the laws of another state, territory, or country for the purpose of engaging in the business of title insurance shall pay the same filing fees and occupation tax as a foreign casualty company is required to pay to obtain a permit to engage in the business of insurance in this state.
(b) A foreign title insurance company described by Subsection (a) is not required to pay a franchise tax.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.