Sec. 2651.253. AUDIT OF UNUSED FORMS. (a) A title insurance company shall periodically audit the unused forms in the possession of each of the company' s title insurance agents to determine that all used forms have been reported to the company.
(b) A title insurance company shall conduct an audit required by this section at least once every two years.
(c) A report of each audit conducted under this section shall be made to 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 F. Title Insurance Company Powers and Duties Regarding Title Insurance Agents
Section 2651.251. Examination of Trust Fund Accounts by Title Insurance Company