Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle D. TITLE INSURANCE PROFESSIONALS |
Chapter 2651. TITLE INSURANCE AGENTS AND DIRECT OPERATIONS |
Subchapter F. TITLE INSURANCE COMPANY POWERS AND DUTIES REGARDING TITLE INSURANCE AGENTS |
Sec. 2651.253. AUDIT OF UNUSED FORMS
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(a) A title insurance company shall periodically audit the unused forms in the possession of each of the company' s title insurance agents to determine that all used forms have been reported to the company.
(b) A title insurance company shall conduct an audit required by this section at least once every two years.
(c) A report of each audit conducted under this section shall be made to the department.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.