Sec. 2702.001. INSURED CLOSING AND SETTLEMENT LETTER: LOANS. (a) On request, a title insurance company may issue insured closing and settlement letters in connection with the closing and settlement by a title insurance agent or direct operation of loans relating to real property located in this state.
(b) Insured closing and settlement letters must be issued in the form prescribed by the commissioner.
(c) A title insurance company may not impose a charge for issuing insured closing and settlement letters under this section.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Structure Texas Statutes
Subtitle E - The Business of Title Insurance
Chapter 2702 - Closing and Settlement
Subchapter A. Insured Closing and Settlement Letters
Section 2702.001. Insured Closing and Settlement Letter: Loans
Section 2702.002. Insured Closing and Settlement Letter: Certain Buyers or Sellers
Section 2702.003. Effect of Failure to Issue Insured Closing and Settlement Letter