Sec. 2652.001. LICENSE AND BOND OR DEPOSIT REQUIRED. An individual may not act as an escrow officer unless the individual:
(1) holds a license issued by the department;
(2) is covered by a surety bond or deposit required under Subchapter C; and
(3) is appointed under Section 2652.1511 as an escrow officer by a title insurance agent or direct operation.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491), Sec. 1, eff. September 1, 2015.
Structure Texas Statutes
Subtitle D - Title Insurance Professionals
Chapter 2652 - Escrow Officers
Subchapter A. General Provisions
Section 2652.001. License and Bond or Deposit Required
Section 2652.002. Employment of Escrow Officer
Section 2652.003. Attorney Acting as Escrow Officer
Section 2652.004. Trust Fund Account Disbursements
Section 2652.005. Escrow Account Audit
Section 2652.006. Record of Escrow Officers; Public Information