Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 11. TITLE INSURANCE |
Subtitle E. THE BUSINESS OF TITLE INSURANCE |
Chapter 2704. ISSUANCE OF POLICY OR CONTRACT; DETERMINATION OF INSURABILITY |
Subchapter B. ISSUANCE OF OWNER AND MORTGAGEE POLICIES FOR RESIDENTIAL REAL PROPERTY |
Sec. 2704.052. REJECTION OF ISSUANCE OF OWNER POLICY
Latest version.
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At or before closing and settlement, the person acquiring title may reject the issuance of the owner title insurance policy required under Section 2704.051 by executing a written and acknowledged rejection in the form prescribed, after notice and hearing, by the commissioner.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.