Sec. 2602.303. SERVICING FACILITY

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(a) The association may handle claims through its employees or through one or more title insurance companies or other persons designated, subject to the approval of the commissioner, as a servicing facility.
(b) A title insurance company may decline designation as a servicing facility.
(c) The association shall reimburse a servicing facility for:
(1) obligations of the association paid by the facility; and
(2) expenses incurred by the facility in handling claims for the association.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

                    
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