{"data":{"id":"us-tx/tex.-insurance-code-2551.301","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2551.301","heading":"MAXIMUM POLICY LIABILITY.","body":"(a) Except as provided by Subsection (b), a title insurance company may issue a title insurance policy on any real property located in this state involving a potential policy liability of not more than 50 percent of the sum of the company's surplus as regards policyholders and the company's statutory premium reserves as stated in the most recent annual statement of the company.\n(b) A title insurance company may exceed the limit described by Subsection (a) if the excess liability is reinsured in due course in accordance with Section 2551.302, 2551.305, or 2551.3055.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.\nAmended by:\nActs 2015, 84th Leg., R.S., Ch. 38 (S.B. 572), Sec. 1, eff. September 1, 2015.","path":["INSURANCE CODE","TITLE 11. TITLE INSURANCE","SUBTITLE B. ORGANIZATION OF TITLE INSURANCE COMPANIES","CHAPTER 2551. TITLE INSURERS","SUBCHAPTER G. LIABILITY AND REINSURANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2551.htm#2551.301","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"baa45a01653625910f0b86810af471ea62484f4871f656d487df7265d29cf153","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2551.261","next":"us-tx/tex.-insurance-code-2551.302"},"notice":"GroundRules: Original legal text. Not legal advice."}