{"data":{"id":"us-tx/tex.-insurance-code-2551.202","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2551.202","heading":"EXCEPTION: FOREIGN TITLE INSURANCE COMPANY.","body":"(a) A foreign title insurance company is not required to make a deposit under Section 2551.201 if the company has on deposit with insurance regulatory bodies in the United States an aggregate amount of deposit that:\n(1) is equal to the amount required by Section 2551.201; and\n(2) secures all policyholders of the company, regardless of their location.\n(b) The foreign title insurance company must file with the department a certificate of deposit under the hand and seal of each insurance regulatory body holding a deposit of the company.\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 E. REQUIRED DEPOSIT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2551.htm#2551.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"2fcf8602d2b2219ea3743e090a4b94b4a94d24f1d8a6355879ed655ede7df33f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2551.201","next":"us-tx/tex.-insurance-code-2551.203"},"notice":"GroundRules: Original legal text. Not legal advice."}
