(a) A receiver of an impaired title insurance company or agent shall periodically submit a list of claims to the association or a similar organization in another state.
(b) Notice of a claim to the receiver is considered notice to the association.
REPORT TO ASSOCIATION
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) A receiver of an impaired title insurance company or agent shall periodically submit a list of claims to the association or a similar organization in another state.
(b) Notice of a claim to the receiver is considered notice to 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.