Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle D. TITLE INSURANCE PROFESSIONALS |
Chapter 2652. ESCROW OFFICERS |
Subchapter D. DUTIES OF TITLE INSURANCE AGENTS AND DIRECT OPERATIONS REGARDING ESCROW OFFICERS |
Sec. 2652.153. NOTICE OF TERMINATION
Latest version.
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A title insurance agent or direct operation that terminates the employment of a licensed escrow officer shall:
(1) immediately notify the department in writing of the termination and request cancellation of the license; and
(2) notify the escrow officer of the action by the title insurance agent or direct operation.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.