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Tex. Ins. Code § 2502.051

REBATES AND DISCOUNTS PROHIBITED

Known as the Texas Title Insurance Act

The act spans §§ 2501.001 to 2751.104 (197 sections).

Applied in 1 court decision — leading case Adams v. McFadden (2009)

Most recently applied in Adams v. McFadden (September 2009)

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff

A commission, rebate, discount, portion of a title insurance premium, or other thing of value may not be directly or indirectly paid, allowed, or permitted by a person engaged in the business of title insurance or received or accepted by a person for engaging in the business of title insurance or for soliciting or referring title insurance business.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.