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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 11. TITLE INSURANCE |
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Subtitle B. ORGANIZATION OF TITLE INSURANCE COMPANIES |
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Chapter 2552. ATTORNEY'S TITLE INSURANCE COMPANIES AND TITLE ATTORNEYS |
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Subchapter C. TITLE ATTORNEY'S LICENSE AND RENEWAL |
Sec. 2552.102. LICENSE APPLICATION
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(a) Before an initial license is issued to an attorney to act as a title attorney in this state for an attorney's title insurance company, the attorney's title insurance company must file an application for a title attorney's license with the department on forms provided by the department.
(b) The application must be:
(1) accompanied by a nonrefundable fee in an amount not to exceed $50 as prescribed by the department; and
(2) signed and sworn to by the attorney's title insurance company and the proposed title attorney.
(c) The completed application must state that:
(1) the proposed title attorney:
(A) is a licensed attorney in this state and a resident of this state;
(B) is actively engaged in the practice of law;
(C) is known to the attorney's title insurance company:
(i) to have a good business reputation;
(ii) to be a current member, in good standing, of the State Bar of Texas; and
(iii) to be worthy of the public trust; and
(D) meets the qualifications for a title attorney as prescribed by this chapter; and
(2) the attorney's title insurance company does not know of any fact or condition that would disqualify the proposed title attorney from receiving a license.