Tex. Ins. Code § 2602.452 · Subchapter J. ADDITIONAL DUTIES OF ASSOCIATION
ACTIONS FOR CERTAIN AGENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner may direct the association, at the association's expense and on behalf of an impaired agent, to:
(1) close real estate transactions;
(2) disburse escrow funds;
(3) record documents; and
(4) issue final title insurance policies.
(b) The association may employ or retain a person or persons to perform any action required under Subsection (a), in accordance with Section 2602.103(a).
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1025 (H.B. 4338), Sec. 10, eff. September 1, 2009.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 775 (H.B. 1614), Sec. 30, eff. September 1, 2019.
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 3c9b3d8105df46cacccd9f0b02a8525bdcda7d850d9aa9a423fec6276203e812
- 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
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