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. 2552.156. INVESTIGATION BY ATTORNEY GENERAL
Latest version.
-
(a) On receipt of a written statement under Section 2552.155, the attorney general shall investigate the charges and, on determining that the terms of the bond have been violated, shall enforce the liability against cash or securities or by filing suit on the bond.
(b) A suit brought under this section shall be filed in the name of the department in Travis County for the benefit of all parties who have suffered any loss because of the violation.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.