Texas Insurance Code 2651.205 – Title Agent Records
(a) A landlord or storage facility, including electronic storage, that accepts possession of an agent’s guaranty file or other records takes possession subject to:
(1) the right of access of the title insurance company involved in the transaction that the file documents, during customary business hours, for the purpose of copying the guaranty file; and
(2) the obligation to maintain the confidentiality of nonpublic information in the title insurance agent’s records according to state and federal laws that govern the title insurance agent.
(b) If the title insurance agent has been designated impaired, the Texas Title Insurance Guaranty Association has the right to access the guaranty files and other records of the title insurance agent, including electronic records, for 60 days from the date of impairment, during customary business hours, for purposes of copying those records.
Terms Used In Texas Insurance Code 2651.205
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(c) Except for the right of access granted under Subsections (a) and (b), a lien created in favor of the landlord by contract or otherwise is not impaired.
(d) For purposes of this section, “title insurance agent” includes an agent owned wholly or partly by a title insurance company and includes a direct operation.