reglab/housing_qa huggingface dataset:
TX Ins Code § 2651.204 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter E. General Regulation of Title Insurance Agents and Direct Operations|Section 2651.204. Continuing Education

Sec. 2651.204.  CONTINUING EDUCATION.  (a)  To protect the public and to preserve and improve the competence of license holders, the department shall require as a condition of holding a title insurance agent license that the license holder enroll in and attend or teach continuing education consisting of class instruction, lectures, seminars, or other forms of education approved by the department for title insurance agents.(b)  The department shall prescribe the required number of hours of continuing education, not to exceed 15 hours in each two-year license period.(c)  Continuing education instruction must be designed to refresh the license holder's understanding of:(1)  basic principles and coverages relating to title insurance;(2)  recent and prospective changes in those principles and coverages;(3)  applicable rules of the commissioner and laws;(4)  the proper conduct of the license holder's business;  and(5)  the duties and responsibilities of the license holder.(d)  The department may permit a license holder to complete an equivalent course of study and instruction by mail if, because of the remote location of the license holder's residence or business, the license holder is unable to attend educational sessions with reasonable convenience.(e)  On written request by the license holder, the department may extend the time for the license holder to comply with the requirements of this section or may exempt the license holder from all or part of the requirements for a license period if the department determines that the license holder is unable to comply with the requirements because of illness, medical disability, or another extenuating circumstance beyond the control of the license holder.  The commissioner shall prescribe the criteria for an extension or exemption by rule.(f)  The commissioner shall adopt rules to administer this section.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2651.205 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter E. General Regulation of Title Insurance Agents and Direct Operations|Section 2651.205. Title Agent Records

Sec. 2651.205.  TITLE AGENT RECORDS.  (a)  A landlord or storage facility, including electronic storage, that accepts possession of an agent's guaranty file or other records takes possession subject to:(1)  the right of access of the title insurance company involved in the transaction that the file documents, during customary business hours, for the purpose of copying the guaranty file; and(2)  the obligation to maintain the confidentiality of nonpublic information in the title insurance agent's records according to state and federal laws that govern the title insurance agent.(b)  If the title insurance agent has been designated impaired, the Texas Title Insurance Guaranty Association has the right to access the guaranty files and other records of the title insurance agent, including electronic records, for 60 days from the date of impairment, during customary business hours, for purposes of copying those records.(c)  Except for the right of access granted under Subsections (a) and (b), a lien created in favor of the landlord by contract or otherwise is not impaired.(d)  For purposes of this section, "title insurance agent" includes an agent owned wholly or partly by a title insurance company and includes a direct operation.|Added by Acts 2009, 81st Leg., R.S., Ch. 1025 (H.B. 4338), Sec. 16, eff. September 1, 2009.|
TX Ins Code § 2651.206 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter E. General Regulation of Title Insurance Agents and Direct Operations|Section 2651.206. Examination Reports

Sec. 2651.206.  EXAMINATION REPORTS.  (a)  An audit, review, or examination conducted under this chapter or Chapter 2602 must be conducted in accordance with rules adopted by the commissioner.  The rules must provide:(1)  that before a report from an examination, review, or audit becomes final, the department will furnish to the title agent or direct operation a copy of the report and any evidence on which the report relies;(2)  a reasonable period of not less than 10 days after the title agent or direct operation receives the report and evidence from the department for the title agent or direct operation to respond;(3)  an opportunity for an appeal under a process similar to the process under Title 28, Part 1, Chapter 7, Subchapter A, Texas Administrative Code; and(4)  procedures to ensure that the report and any evidence regarding the report remain confidential and are transmitted only to designated representatives of the title agent or direct operation.(b)  The commissioner shall furnish the title agent or direct operation with a draft of the report and a copy of any evidence not later than the 10th day before the scheduled date of a meeting requested by the department regarding a report.(c)  This section does not require the department to turn over work papers.  For purposes of this subsection, work papers are the records of an auditor or examiner of the procedures followed, the tests performed, the information obtained, and the conclusions reached that are pertinent to the audit or examination.  Work papers include work programs, analyses, memoranda, letters of confirmation and representation, abstracts of company documents and schedules, and commentaries prepared or obtained by the auditor or examiner that support the opinions of the auditor or examiner.|Added by Acts 2009, 81st Leg., R.S., Ch. 1025 (H.B. 4338), Sec. 16, eff. September 1, 2009.|
TX Ins Code § 2651.251 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter F. Title Insurance Company Powers and Duties Regarding Title Insurance Agents|Section 2651.251. Examination of Trust Fund Accounts by Title Insurance Company

Sec. 2651.251.  EXAMINATION OF TRUST FUND ACCOUNTS BY TITLE INSURANCE COMPANY.  (a)  A title insurance company may examine, at any time, the trust fund accounts and related records of the company's title insurance agents through the company's examiners or auditors or through independent certified public accountants commissioned by the company.(b)  The title insurance company shall pay for each examination.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2651.252 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter F. Title Insurance Company Powers and Duties Regarding Title Insurance Agents|Section 2651.252. Special Reports

Sec. 2651.252.  SPECIAL REPORTS.  A title insurance company may require special reports from the company's title insurance agents regarding any of its transactions.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2651.253 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter F. Title Insurance Company Powers and Duties Regarding Title Insurance Agents|Section 2651.253. Audit of Unused Forms

Sec. 2651.253.  AUDIT OF UNUSED FORMS.  (a)  A title insurance company shall periodically audit the unused forms in the possession of each of the company' s title insurance agents to determine that all used forms have been reported to the company.(b)  A title insurance company shall conduct an audit required by this section at least once every two years.(c)  A report of each audit conducted under this section shall be made to the department.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2651.301 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter G. License Denial and Disciplinary Action|Section 2651.301. Grounds for License Denial or Disciplinary Action

Sec. 2651.301.  GROUNDS FOR LICENSE DENIAL OR DISCIPLINARY ACTION.  The department may deny an application for a license or discipline a title insurance agent or direct operation under Sections 4005.102, 4005.103, and 4005.104 if the department determines that the applicant or license holder has:(1)  wilfully violated this title;(2)  intentionally made a material misstatement in the license application;(3)  obtained or attempted to obtain the license by fraud or misrepresentation;(4)  misappropriated or converted to the applicant's or license holder's own use or illegally withheld money belonging to a title insurance company, an insured, or another person;(5)  been guilty of fraudulent or dishonest practices;(6)  materially misrepresented the terms and conditions of a title insurance policy or contract;  or(7)  failed to maintain:(A)  a separate and distinct accounting of escrow funds;  and(B)  an escrow bank account or accounts separate and apart from all other accounts.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2651.3015 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter G. License Denial and Disciplinary Action|Section 2651.3015. Prohibited Grounds for Rejection, Delay, or Denial

Sec. 2651.3015.  PROHIBITED GROUNDS FOR REJECTION, DELAY, OR DENIAL.  (a)  Except as provided by Subsection (b) or (c), the department may not reject, delay, or deny a notice of appointment under Section 2651.009 based wholly or partly on a pending department audit or complaint investigation or a pending disciplinary action against a title insurance agent or appointing title insurance company that has not been finally closed or resolved by a final order issued by the commissioner on or before the date on which the notice is received by the department.(b)  The department may reject a notice of appointment under Section 2651.009 if the department determines that the appointing title insurance company or the title insurance agent intentionally made a material misstatement in the notice of appointment or attempted to have the appointment approved by fraud or misrepresentation.(c)  The department may delay approval of a notice of appointment if:(1)  the title insurance agent or the appointing title insurance company is the subject of a criminal investigation or prosecution; or(2)  the deputy commissioner of the title division of the department makes a good faith determination that there is a credible suspicion that there are ongoing or continuing acts of fraud by the title insurance agent or appointing title insurance company.(d)  Except as provided by Subsection (e) or (f), the department may not delay or deny a renewal application under Section 2651.007 based wholly or partly on a department audit or complaint investigation of, or disciplinary or enforcement action against, an applicant or license holder that is pending and has not been finally closed or resolved by a final order issued by the commissioner on or before the date on which the application is complete.(e)  The department may deny a renewal application under Section 2651.007 if the department determines that the applicant or license holder intentionally made a material misstatement in the renewal application or attempted to obtain the license renewal by fraud or misrepresentation.(f)  The department may delay a renewal application if:(1)  the applicant or license holder is the subject of a criminal investigation or prosecution; or(2)  the deputy commissioner of the title division of the department makes a good faith determination that there is a credible suspicion that there are ongoing or continuing acts of fraud by the applicant or license holder.|Added by Acts 2011, 82nd Leg., R.S., Ch. 1011 (H.B. 2408), Sec. 5, eff. September 1, 2011.|
TX Ins Code § 2651.302 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter G. License Denial and Disciplinary Action|Section 2651.302. License Application After Denial, Refusal, or Revocation

Sec. 2651.302.  LICENSE APPLICATION AFTER DENIAL, REFUSAL, OR REVOCATION.  (a)  An applicant whose license application has been denied or refused or a license holder whose license has been revoked under this subchapter may not file another application for a license as a title insurance agent or direct operation before the first anniversary of:(1)  the effective date of the denial, refusal, or revocation;  or(2)  the date of a final court order affirming the denial, refusal, or revocation if judicial review is sought.(b)  A license application filed after the time required by this section may be denied by the department unless the applicant shows good cause why the denial, refusal, or revocation should not be a bar to the issuance of a license.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2651.303 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2651 - Title Insurance Agents and Direct Operations|Subchapter G. License Denial and Disciplinary Action|Section 2651.303. Notice of Disciplinary or Enforcement Action; Automatic Dismissal

Sec. 2651.303.  NOTICE OF DISCIPLINARY OR ENFORCEMENT ACTION; AUTOMATIC DISMISSAL. (a) The department shall notify a license holder in writing of a disciplinary or enforcement action against the license holder not later than the 30th business day after the date the department assigns a file number to the action, except that this subsection does not apply to a file or action:(1)  that is the subject of a pending criminal investigation or prosecution; or(2)  about which the deputy commissioner of the title division of the department makes a good faith determination that there is a credible suspicion that there are ongoing or continuing acts of fraud by a person who is the subject of the action.(b)  A notice required by Subsection (a) may be provided by e-mail and must provide a license holder fair notice of the alleged facts known by the department on the date of the notice that constitute grounds for the action.(c)  A disciplinary or enforcement action is automatically dismissed with prejudice, unless the department serves a notice of hearing on the license holder not later than the 60th business day after the date the department receives a hearing request from the license holder.(d)  The department may provide information about an enforcement action, including a copy of a notice issued under this section, to each title insurance company with which a title insurance agent has, or proposes to obtain, an appointment.|Added by Acts 2011, 82nd Leg., R.S., Ch. 1011 (H.B. 2408), Sec. 5, eff. September 1, 2011.|
TX Ins Code § 2652.001 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter A. General Provisions|Section 2652.001. License and Bond or Deposit Required

Sec. 2652.001.  LICENSE AND BOND OR DEPOSIT REQUIRED.  An individual may not act as an escrow officer unless the individual:(1)  holds a license issued by the department;(2)  is covered by a surety bond or deposit required under Subchapter C; and(3)  is appointed under Section 2652.1511 as an escrow officer by a title insurance agent or direct operation.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.Amended by: Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491), Sec. 1, eff. September 1, 2015.|
TX Ins Code § 2652.002 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter A. General Provisions|Section 2652.002. Employment of Escrow Officer

Sec. 2652.002.  EMPLOYMENT OF ESCROW OFFICER.  (a)  A title insurance agent or direct operation may not employ an individual as an escrow officer unless the individual:(1)  holds a license issued by the department;(2)  is covered by a surety bond or deposit as required under Subchapter C; and(3)  is appointed under Section 2652.1511 as an escrow officer by the title insurance agent or direct operation.(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 2652.1511 with respect to the individual.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.Amended by: Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491), Sec. 1, eff. September 1, 2015.|
TX Ins Code § 2652.003 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter A. General Provisions|Section 2652.003. Attorney Acting as Escrow Officer

Sec. 2652.003.  ATTORNEY ACTING AS ESCROW OFFICER.  (a)  Notwithstanding Section 2652.001, an attorney is not required to be licensed as an escrow officer to perform the duties of an escrow officer as defined by Section 2501.003.(b)  An attorney may hold a license to act as an escrow officer.  An employee of an attorney licensed as an escrow officer also may hold a license to act as an escrow officer.  An attorney licensed as an escrow officer shall comply with the provisions of this code that apply to escrow officers and trust funds as if the attorney were a title insurance agent.(c)  Notwithstanding any other provision of this chapter, a title insurance company or title insurance agent may not permit an attorney to conduct the attorney's business in the name of the company or agent unless the attorney and the attorney's bona fide employees who close transactions are licensed escrow officers.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2652.004 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter A. General Provisions|Section 2652.004. Trust Fund Account Disbursements

Sec. 2652.004.  TRUST FUND ACCOUNT DISBURSEMENTS.  (a)  An escrow officer may not disburse funds from a trust fund account until good funds related to the transaction have been received and deposited in the account in amounts sufficient to fund any disbursements from the transaction.(b)  An escrow officer is not liable for a violation of this section if the violation:(1)  was not intentional;  and(2)  resulted from a bona fide error despite the maintenance of procedures reasonably adopted to avoid the error.(c)  The commissioner shall adopt rules and definitions to implement this section.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2652.005 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter A. General Provisions|Section 2652.005. Escrow Account Audit

Sec. 2652.005.  ESCROW ACCOUNT AUDIT.  Each escrow account used by a licensed escrow officer for closing a transaction is subject to the audit requirements of Subchapter D, Chapter 2651.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.|
TX Ins Code § 2652.006 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter A. General Provisions|Section 2652.006. Record of Escrow Officers; Public Information

Sec. 2652.006.  RECORD OF ESCROW OFFICERS; PUBLIC INFORMATION.  (a)  The department shall maintain a record of each escrow officer licensed by the department in a manner that ensures that the escrow officers employed and appointed under Section 2652.1511 by any title insurance agent or direct operation in this state may be conveniently determined.(b)  The department shall make available to the public from the records maintained under Subsection (a) or from other records of the department each escrow officer's name, license number, continuing education compliance status, and appointment history.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.Amended by: Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491), Sec. 1, eff. September 1, 2015.|
TX Ins Code § 2652.051 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter B. License Application and Renewal|Section 2652.051. License Application

Sec. 2652.051.  LICENSE APPLICATION.  (a)  Before an initial license is issued to an individual to act as an escrow officer in this state for a title insurance agent or direct operation, the individual must file an application for an escrow officer's license with the department on forms provided by the department and the title insurance agent or direct operation must file an appointment of the escrow officer under Section 2652.1511.(b)  The application must be:(1)  accompanied by a nonrefundable license fee;  and(2)  signed and sworn to by the title insurance agent or direct operation and by the proposed escrow officer.(c)  The completed application must state that:(1)  the proposed escrow officer is an individual who is a bona fide resident of:(A)  this state; or(B)  a state adjacent to this state;(2)  the proposed escrow officer is an attorney or is a bona fide employee of:(A)  an attorney licensed as an escrow officer; or(B)  a title insurance agent or direct operation;(3)  the proposed escrow officer has reasonable experience or instruction in the field of title insurance;(4)  the title insurance agent or direct operation does not know of any fact or condition that disqualifies the proposed escrow officer from receiving a license; and(5)  the proposed escrow officer is a bona fide employee of a title insurance agent or direct operation with an office in this state.(d)  Notwithstanding Sections 406.004 and 406.020, Government Code, a person qualified under this section as an escrow officer may hold a license and operate as a notary public under Chapter 406, Government Code.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.Amended by: Acts 2009, 81st Leg., R.S., Ch. 155 (H.B. 652), Sec. 1, eff. September 1, 2009.Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491), Sec. 2, eff. September 1, 2015.|
TX Ins Code § 2652.052 (2021)
2021 Texas Statutes|Insurance Code|Title 11 - Title Insurance|Subtitle D - Title Insurance Professionals|Chapter 2652 - Escrow Officers|Subchapter B. License Application and Renewal|Section 2652.052. License and Renewal Fees

Sec. 2652.052.  LICENSE AND RENEWAL FEES.  (a)  The department shall prescribe the license fee in an amount not to exceed $50.(b)  License and renewal fees collected under this chapter and appointment fees collected under Section 2652.1511 shall be deposited to the credit of the Texas Department of Insurance operating account to be used by the department to enforce this chapter and any other law of this state that regulates escrow officers for title insurance agents or direct operations.|Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.Amended by: Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491), Sec. 3, eff. September 1, 2015.|