Tex. Ins. Code § 2602.303 · Subchapter G. ASSOCIATION POWERS AND DUTIES RELATING TO COVERED CLAIMS
SERVICING FACILITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The association may handle claims through its employees or through one or more title insurance companies or other persons designated, subject to the approval of the commissioner, as a servicing facility.
(b) A title insurance company may decline designation as a servicing facility.
(c) The association shall reimburse a servicing facility for:
(1) obligations of the association paid by the facility; and
(2) expenses incurred by the facility in handling claims for the association.
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.2602.htm
- Text hash
- sha256 19d022aa4ec73af3ebc352f571181fbe4c5cd8e82eaca3ae22204af57f3cb254
- 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
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.