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 F. AUDIT AND EXAMINATION REQUIREMENTS RELATING TO TRUST FUND ACCOUNTS |
Sec. 2552.253. EXAMINATION OF TRUST FUND ACCOUNTS; TRANSACTION REPORTS
Latest version.
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(a) An attorney's title insurance company, through its examiners or auditors or through independent certified public accountants commissioned by the attorney' s title insurance company, may examine at any time the trust fund accounts and records relating to the accounts of any of its title attorneys.
(b) The attorney's title insurance company shall pay for the examination of the accounts and records.
(c) An attorney's title insurance company may require from any of its title attorneys special reports regarding any of their transactions.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.