Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle B. ORGANIZATION OF TITLE INSURANCE COMPANIES |
Chapter 2552. ATTORNEY'S TITLE INSURANCE COMPANIES AND TITLE ATTORNEYS |
Subchapter D. TITLE ATTORNEY GENERAL REQUIREMENTS |
Sec. 2552.155. EXAMINATION OF LOSS COVERED BY BOND
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(a) At any time it appears that the terms of a title attorney's bond may have been violated, the department may require the title attorney to appear in Travis County, with records the department determines to be proper, for an examination.
(b) The department shall specify a date for the examination that is not earlier than the 10th day or later than the 15th day after the date of service of notice of the requirement to appear.
(c) If after the examination the department determines that the terms of the bond have been violated, the department shall immediately notify the surety and prepare a written statement of the facts of the loss and deliver the statement to the attorney general.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.