ASSOCIATION AS LEGAL ENTITY; SUPERVISION; MEMBERSHIP
Known as the Texas Title Insurance Guaranty Act
The act spans §§ 2602.001 to 2602.453 (80 sections).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff
(a) The Texas Title Insurance Guaranty Association is a nonprofit legal entity.
(b) The association is subject to the applicable insurance laws of this state and the immediate supervision of the commissioner.
(c) A title insurance company may not engage in the business of title insurance in this state unless the company is a member of the association.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.