Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle D. TITLE INSURANCE PROFESSIONALS |
Chapter 2652. ESCROW OFFICERS |
Subchapter A. GENERAL PROVISIONS |
Sec. 2652.002. EMPLOYMENT OF ESCROW OFFICER
Latest version.
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(a) A title insurance agent or direct operation may not employ an individual as an escrow officer unless the individual holds a license and maintains a surety bond or deposit as required by this chapter.
(b) A title insurance agent or direct operation may not permit an individual to act as an escrow officer in this state before the agent or direct operation has complied with Sections 2652.151 and 2652.152 with respect to the individual.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.