Sec. 2651.052. LICENSE APPLICATION. (a) Before a direct operation license is issued to a title insurance company, the company must file an application for a direct operation license on forms provided by the department.
(b) The application must be:
(1) accompanied by a nonrefundable license fee; and
(2) signed and sworn to by the title insurance company.
(c) The completed application must state that:
(1) the title insurance company is a Texas corporation or a foreign corporation holding a certificate of authority to insure titles to real property in this state and meets the requirements of this title; and
(2) the abstract plant to be licensed:
(A) complies with department requirements relating to abstract plants; and
(B) has been approved by the department.
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