Tex. Ins. Code § 2553.001 · Chapter 2553. FOREIGN OR ALIEN CORPORATIONS
AUTHORITY TO ENGAGE IN BUSINESS OF TITLE INSURANCE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A corporation organized under the laws of another state may engage in the business of title insurance in this state on exactly the same basis and is subject to the same rules, prices, and supervision as provided for a corporation that is organized under the laws of this state and engaged in the business of title insurance under this title.
(b) To engage in the business of title insurance in this state, a foreign corporation must file with the department:
(1) an application for a permit or certificate of authority; and
(2) a financial statement demonstrating the condition of the corporation.
(c) The department shall prescribe the form of the application and financial statement.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2553.htm
- Text hash
- sha256 d0296cfe109f92253f7fd34d14eb9801c02484239c688381e0e93eafa057a316
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 2553.001. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.