Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 12. OTHER COVERAGE |
Chapter 3502. MORTGAGE GUARANTY INSURANCE |
Subchapter C. FORMS AND RATES |
Sec. 3502.105. POLICY FORM STANDARDS
Latest version.
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The commissioner shall disapprove a mortgage guaranty insurance policy form if the form:
(1) violates this code or rules adopted by the commissioner; or
(2) contains a provision that encourages misrepresentation or is unjust, unfair, inequitable, misleading, deceptive, or contrary to law or to the public policy of this state.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 3, eff. April 1, 2007.