(a) An insurance company may not insure against loss or damage by reason of unmarketability of title.
(b) The commissioner may not adopt a rule or form providing for coverage prohibited by this section.
COVERAGE FOR UNMARKETABILITY OF TITLE PROHIBITED
Known as the Texas Title Insurance Act
The act spans §§ 2501.001 to 2751.104 (197 sections).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff
(a) An insurance company may not insure against loss or damage by reason of unmarketability of title.
(b) The commissioner may not adopt a rule or form providing for coverage prohibited by this section.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.