Tex. Ins. Code § 2652.103 · Subchapter C. BOND AND DEPOSIT REQUIREMENTS
AMOUNT OF BOND OR DEPOSIT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The amount of the bond or deposit required under this subchapter is determined by multiplying the number of escrow officers employed by the title insurance agent or direct operation by:
(1) $5,000 for an application of an individual who is a bona fide resident of this state; or
(2) $10,000 for an application of an individual who is a bona fide resident of a state adjacent to this state.
(b) Notwithstanding Subsection (a), the maximum amount of the bond or deposit required under this subchapter is $50,000.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 155 (H.B. 652), Sec. 2, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2652.htm
- Text hash
- sha256 e25dc93e959518460a8e1c26e4e99df11346f274747621b427930a387e361eab
- 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.