Tex. Ins. Code § 2651.201 · Subchapter E. GENERAL REGULATION OF TITLE INSURANCE AGENTS AND DIRECT OPERATIONS
LICENSE SURRENDER OR FORFEITURE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A title insurance agent or direct operation may voluntarily surrender at any time a license issued under this chapter by giving notice to:
(1) the department; and
(2) the affected title insurance company.
(b) A title insurance agent or direct operation that terminates the agency contract with a title insurance company automatically forfeits the license under that company.
(c) A surrender or forfeiture of a license under this section does not affect the culpability of the license holder for conduct committed before the effective date of the surrender or forfeiture. The department may institute a disciplinary proceeding against the former license holder for conduct committed before the effective date of the surrender or forfeiture.
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.2651.htm
- Text hash
- sha256 b73e77205e4892bcc24774c3050555537c39467e36957b448c263912973c4518
- 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 § 2651.201. 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.