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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 D. TITLE INSURANCE PROFESSIONALS |
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Chapter 2651. TITLE INSURANCE AGENTS AND DIRECT OPERATIONS |
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Subchapter A. TITLE INSURANCE AGENT'S LICENSE |
Sec. 2651.007. LICENSE RENEWAL
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(a) A title insurance agent may renew a license by:
(1) filing a completed license renewal application form with the department; and
(2) paying the nonrefundable license renewal fee to the department.
(b) The department shall prescribe the license renewal application form.
(c) The department shall prescribe the license renewal fee in an amount not to exceed $50.
(d) Not later than the 20th business day after the date the department receives a renewal application, the department shall notify the applicant in writing of any deficiencies in the application that render the renewal application incomplete.
(e) Not later than the fifth business day after the date the renewal application is complete, the department shall notify the applicant in writing of the date that the renewal application is complete.
(f) A renewal application is automatically approved on the 30th business day after the date the renewal application is complete, unless on or before that date the department notifies the applicant in writing of the factual grounds on which the department proposes to deny the license under Section 2651.301.
(g) The department may provide a notice required under this section by e-mail.