Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle D. TITLE INSURANCE PROFESSIONALS |
Chapter 2652. ESCROW OFFICERS |
Subchapter B. LICENSE APPLICATION AND RENEWAL |
Sec. 2652.057. LICENSE SURRENDER OR FORFEITURE
Latest version.
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(a) An escrow officer may voluntarily surrender the escrow officer's license at any time by giving notice to the department.
(b) An escrow officer automatically forfeits the escrow officer's license if the officer is not employed as an escrow officer.
(c) A surrender or forfeiture of a license under this section does not affect the culpability of the license holder for conduct committed before the effective date of the surrender or forfeiture. The department may institute a disciplinary proceeding against the former license holder for conduct committed before the effective date of the surrender or forfeiture.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.