{"data":{"id":"us-tx/tex.-insurance-code-2651.157","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2651.157","heading":"ENFORCEMENT; HEARING.","body":"(a) After notice and hearing, the department may revoke the license or certificate of authority of a title insurance agent, direct operation, or title insurance company that:\n(1) fails to furnish an audit report in the time required; or\n(2) furnishes an audit report that reveals any irregularity, including a shortage, or any practice not in keeping with sound, honest business practices.\n(b) The notice must be provided to the agent, the direct operation, or each title insurance company involved.\n(c) At a hearing under this section, the agent, direct operation, or title insurance company may offer evidence explaining or excusing a failure or irregularity.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 11. TITLE INSURANCE","SUBTITLE D. TITLE INSURANCE PROFESSIONALS","CHAPTER 2651. TITLE INSURANCE AGENTS AND DIRECT OPERATIONS","SUBCHAPTER D. ANNUAL AUDIT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2651.htm#2651.157","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"30f642a29adae499e4064021748522f36c40c06b41b47041f33bc741ea70c6ea","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2651.156","next":"us-tx/tex.-insurance-code-2651.158"},"notice":"GroundRules: Original legal text. Not legal advice."}