Tex. Ins. Code § 2501.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2501.002 - Purpose; Legislative Intent

(a) The purpose of this title is to completely regulate the business of title insurance on real property and, as described by Subtitle F, on personal property, including the direct issuance of policies and the reinsurance of any assumed risks, to:

(1) protect consumers and purchasers of title insurance policies; and

(2) provide adequate and reasonable rates of return for title insurance companies and title insurance agents.

(b) It is the express legislative intent that this title accomplish the purpose described by Subsection (a).

Tex. Ins. Code § 2501.002

Amended By Acts 2007, 80th Leg., R.S., Ch. 543, Sec. 2, eff. 9/1/2007.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. 4/1/2005.