GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 2602.303: SERVICING FACILITY.

Read at publisher ↗
Where this section sits in the code
  1. INSURANCE CODE
  2. TITLE 11. TITLE INSURANCE
  3. SUBTITLE C. FINANCIAL SOLVENCY
  4. CHAPTER 2602. TEXAS TITLE INSURANCE GUARANTY ASSOCIATION
  5. SUBCHAPTER G. ASSOCIATION POWERS AND DUTIES RELATING TO COVERED CLAIMS

(a) The association may handle claims through its employees or through one or more title insurance companies or other persons designated, subject to the approval of the commissioner, as a servicing facility.

(b) A title insurance company may decline designation as a servicing facility.

(c) The association shall reimburse a servicing facility for:

(1) obligations of the association paid by the facility; and

(2) expenses incurred by the facility in handling claims for the association.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

Collected 2026-08-27T01:47:21Z. Source file · JSON

Browse this collection