Other than for services actually performed, a person may not give or accept any portion, split, or percentage of a charge made or received for a settlement or closing performed in connection with a transaction involving the conveyance or mortgaging of real property located in this state.
Tex. Ins. Code § 2502.052
CERTAIN DIVISIONS OF REAL PROPERTY CHARGES 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
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.