{"data":{"id":"us-tx/tex.-insurance-code-2602.111","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2602.111","heading":"DELEGATION OF POWERS AND DUTIES.","body":"(a) The plan of operation may provide that, on approval of the board, a power or duty of the association may be delegated to a corporation or other organization that:\n(1) performs or will perform in two or more states functions similar to those of the association or its equivalent; and\n(2) provides protection not substantially less favorable and effective than that provided by this chapter.\n(b) A power or duty under Section 2602.101(a)(1) or (4), 2602.107, 2602.201, 2602.202, 2602.203, or 2602.205 may not be delegated under this section.\n(c) The corporation or other organization shall be:\n(1) reimbursed as a servicing facility would be reimbursed; and\n(2) paid for its performance of any other functions of the association.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 775 (H.B. 1614), Sec. 12, eff. September 1, 2019.","path":["INSURANCE CODE","TITLE 11. TITLE INSURANCE","SUBTITLE C. FINANCIAL SOLVENCY","CHAPTER 2602. TEXAS TITLE INSURANCE GUARANTY ASSOCIATION","SUBCHAPTER C. GENERAL POWERS AND DUTIES OF ASSOCIATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2602.htm#2602.111","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"b36c1798735b8995893b4fcb4316a932455b96dec760e31491fa65ea6e6a7654","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2602.110","next":"us-tx/tex.-insurance-code-2602.112"},"notice":"GroundRules: Original legal text. Not legal advice."}