Tex. Insurance Code § 2751.104: AGENT COMPENSATION.
Where this section sits in the code
- INSURANCE CODE
- TITLE 11. TITLE INSURANCE
- SUBTITLE F. TITLE INSURANCE FOR CERTAIN PERSONAL PROPERTY INTERESTS
- CHAPTER 2751. TITLE INSURANCE FOR PERSONAL PROPERTY INTERESTS
- SUBCHAPTER C. POWERS AND DUTIES OF INSURERS AND AGENTS
(a) The title insurance company that issues a personal property title insurance policy shall pay the title insurance agent that places the order for the policy a total commission equal to 30 percent of the premium charged for the personal property title insurance or personal property title insurance product authorized under this chapter.
(b) Notwithstanding Subsection (a), a title insurance company may not pay a commission to a title insurance agent for an application for coverage that is placed with the title insurance company directly.
(c) A commission paid under Subsection (a) does not constitute a violation of Section 2502.051.
Added by Acts 2007, 80th Leg., R.S., Ch. 543 (S.B. 1153), Sec. 1, eff. September 1, 2007.
Collected 2026-08-27T01:47:21Z. Source file · JSON