Tex. Insurance Code § 2502.004: GUARANTEE OF MORTGAGE PAYMENT PROHIBITED.
Where this section sits in the code
- INSURANCE CODE
- TITLE 11. TITLE INSURANCE
- SUBTITLE A. GENERAL PROVISIONS
- CHAPTER 2502. PROHIBITED CONDUCT
- SUBCHAPTER A. PROHIBITED CONDUCT IN GENERAL
(a) A title insurance company may not guarantee the payment of a mortgage on real property.
(b) A title insurance company that violates this section forfeits its authority to engage in business in this state and shall immediately surrender its certificate of authority.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Collected 2026-08-27T01:47:21Z. Source file · JSON