Tex. Ins. Code § 2651.203 · Subchapter E. GENERAL REGULATION OF TITLE INSURANCE AGENTS AND DIRECT OPERATIONS
DISCLOSURE OF OWNERSHIP AND PREMIUM INFORMATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A title insurance agent who receives a portion of a premium shall disclose to each purchaser of a title insurance policy or other title insurance form the following:
(1) each shareholder, owner, or partner owning or controlling at least one percent of the agent;
(2) each shareholder, owner, or partner owning or controlling at least 10 percent of an entity that owns or controls at least one percent of the agent;
(3) each person who is not a full-time employee of the agent and who receives a portion of the premium for services performed on behalf of the agent in connection with the issuance of a title insurance form; and
(4) the amount of premium that a person disclosed in Subdivision (3) receives.
(b) The department shall prescribe the form of the disclosure required by this section.
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 ce8f35c4584a9fa4b9fd867b8b3abdb368f4112da9d00910141977f6d37c73ea
- 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.