Sec. 2651.051. LICENSE REQUIRED. (a) A title insurance company may not own or lease and operate an abstract plant or participate in a bona fide joint abstract plant operation in a county in this state unless the company holds a license as a direct operation issued by the department for that county.
(b) A title insurance company may not write, sign, or deliver title insurance in a county in which the company operates an abstract plant until the department has issued a direct operation license to the company.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Structure Texas Statutes
Subtitle D - Title Insurance Professionals
Chapter 2651 - Title Insurance Agents and Direct Operations
Subchapter B. Direct Operation License
Section 2651.051. License Required
Section 2651.052. License Application
Section 2651.053. License and Renewal Fees
Section 2651.054. License Term
Section 2651.055. License Renewal
Section 2651.056. Ceasing Operation of Abstract Plant; Request for License Cancellation
Section 2651.057. Automatic Termination of Licenses