If a title insurance company surrenders the company's certificate of authority or if the certificate of authority is revoked by the department, all licenses of the company's abstract plants automatically terminate.
Tex. Ins. Code § 2651.057
AUTOMATIC TERMINATION OF LICENSES
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.