{"data":{"id":"us-tx/tex.-insurance-code-2551.102","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2551.102","heading":"ISSUANCE OF CERTIFICATE OF AUTHORITY.","body":"(a) Subject to Subsection (c), the department shall issue a certificate of authority to engage in the business of title insurance if, following any examination the department considers proper, the department makes a determination favorable to the title insurance company with respect to:\n(1) the payment of capital stock and surplus as required by this title; and\n(2) the value of the assets used to pay the capital stock and surplus.\n(b) The title insurance company shall pay the expense of any examination conducted under Subsection (a).\n(c) Issuance of a certificate of authority to a foreign corporation is governed by Section 2553.001.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 11. TITLE INSURANCE","SUBTITLE B. ORGANIZATION OF TITLE INSURANCE COMPANIES","CHAPTER 2551. TITLE INSURERS","SUBCHAPTER C. AUTHORITY TO ENGAGE IN BUSINESS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2551.htm#2551.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"d867fda374caadb37853040d088a95370f61a3c6196b6f108bb39f0d4d2c9020","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2551.101","next":"us-tx/tex.-insurance-code-2551.151"},"notice":"GroundRules: Original legal text. Not legal advice."}