Sec. 2703.054. AUTHORITY OF COMMISSIONER IN IMPLEMENTING SUBCHAPTER. (a) The commissioner may adopt, by amendment to an owner title insurance policy or by separate endorsement to an owner title insurance policy, language to implement this subchapter in a manner consistent with the terms, provisions, conditions, and stipulations of the policy or the exceptions to coverage contained in the schedules to the policy.
(b) This subchapter does not prohibit the commissioner from adopting for use in this state one or more policies in a simplified, generally more understandable, and usable form.
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 2703 - Policy Forms and Premium Rates
Subchapter B. Policy Provisions
Section 2703.051. Certain Provisions Required
Section 2703.0515. Certain Requirements Prohibited
Section 2703.052. Duty of Title Insurance Company
Section 2703.053. Establishment of Standards and Schedules
Section 2703.054. Authority of Commissioner in Implementing Subchapter
Section 2703.055. Requirement of Certain Provisions Prohibited