Texas Insurance Code 2602.005 – Applicability; Conflict With Other Laws
Current as of: 2024 | Check for updates
|
Other versions
(a) This chapter applies to:
(1) a title insurance company engaging in business under this title;
(2) all title insurance, direct or reinsurance, written by a title insurance company engaging in business under this title; and
(3) trust funds or escrow accounts of:
(A) title insurance companies engaging in business under this title; or
(B) agents authorized to engage in business in this state and engaging in business under and governed by this title.
(b) If this chapter conflicts with another law relating to the subject matter of this chapter or its application, other than Chapter 441 or 443, this chapter controls. If this chapter conflicts with Chapter 441 or 443, that chapter controls.
Terms Used In Texas Insurance Code 2602.005
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005