Tex. Ins. Code Section 2651.009
Multiple Appointments


(a)

A licensed title insurance agent may be appointed to represent additional title insurance companies.

(b)

Any additional title insurance company must notify the department of the appointment in the manner prescribed by the department. The agent must include with the notice a nonrefundable fee for each additional appointment. The department shall prescribe the fee in an amount not to exceed $16.

(c)

Not later than the 20th business day after the date the department receives a notice under Subsection (b), the department shall notify the title insurance agent and appointing title insurance company in writing of any deficiencies in the notice that render the notice incomplete. A notice under Subsection (b) is considered complete on the date the department receives the notice, unless the department provides notice of the deficiencies under this section.

(c-1)

Not later than the fifth business day after the date the notice under Subsection (b) is complete, the department shall notify the title insurance agent and appointing title insurance company in writing of the date that the notice under Subsection (b) is complete.

(c-2)

The appointment is effective on the eighth business day following the date the notice of appointment is complete and the department receives the fee, unless the department proposes to reject the appointment. If the department proposes to reject the appointment, the department shall notify the title insurance agent and the appointing title insurance company in writing of the factual grounds on which the department proposes to reject the appointment not later than the seventh business day after the date on which the notice of appointment is complete.

(c-3)

The department may provide a notice required under this section by e-mail.

(d)

A title insurance company may not permit an agent appointed by the company to write, sign, or deliver title insurance until the agent’s appointment is effective.

(e)

The appointment remains effective, without the necessity of renewal, until the appointment:

(1)

is terminated by the title insurance company as provided by this section; or

(2)

is otherwise terminated under this subchapter.

(f)

A renewal license issued to an agent authorizes the agent to represent and act for the title insurance companies for which the agent holds appointments until the appointments are terminated, and the agent is considered to be the agent of the appointing companies for purposes of this subchapter.

(g)

When a title insurance company terminates the appointment of an agent, the company shall immediately file with the department a statement that contains:

(1)

the facts relating to the termination of the appointment; and

(2)

the effective date and reason for the termination.

(h)

On receipt of the statement, the department shall terminate the appointment of the agent to represent that title insurance company in this state.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1011 (H.B. 2408), Sec. 4, eff. September 1, 2011.

Source: Section 2651.009 — Multiple Appointments, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2651.­htm#2651.­009 (accessed Jun. 5, 2024).

2651.001
License and Bond or Deposit Required
2651.002
License Application
2651.003
License and Renewal Fees
2651.004
License Issuance
2651.005
Duplicate License
2651.006
License Term
2651.007
License Renewal
2651.008
Records of Agents
2651.009
Multiple Appointments
2651.010
Suspension of License
2651.011
Privileged Communications
2651.012
Unencumbered Assets
2651.013
Division of Premium Held in Trust
2651.0021
Professional Training Program
2651.051
License Required
2651.052
License Application
2651.053
License and Renewal Fees
2651.054
License Term
2651.055
License Renewal
2651.056
Ceasing Operation of Abstract Plant
2651.057
Automatic Termination of Licenses
2651.058
Records of Direct Operations
2651.059
Use of Agents Not Prohibited
2651.101
Bond Required
2651.102
Alternative to Bond
2651.103
Examination of Loss Covered by Bond or Deposit
2651.104
Investigation by Attorney General
2651.0121
Solvency Account
2651.151
Annual Audit of Trust Fund Accounts: Title Insurance Agents and Direct Operations
2651.152
Annual Audit of Trust Fund Accounts: Title Insurance Companies
2651.153
Rules
2651.154
Performance of Audit by Public Accountant
2651.155
Confidentiality of Audit
2651.156
Failure to Receive Audit Report from Agents or Direct Operations
2651.157
Enforcement
2651.158
Certification of Unencumbered Assets
2651.201
License Surrender or Forfeiture
2651.202
Trust Fund Account Disbursements
2651.203
Disclosure of Ownership and Premium Information
2651.204
Continuing Education
2651.205
Title Agent Records
2651.206
Examination Reports
2651.251
Examination of Trust Fund Accounts by Title Insurance Company
2651.252
Special Reports
2651.253
Audit of Unused Forms
2651.301
Grounds for License Denial or Disciplinary Action
2651.302
License Application After Denial, Refusal, or Revocation
2651.303
Notice of Disciplinary or Enforcement Action
2651.3015
Prohibited Grounds for Rejection, Delay, or Denial

Accessed:
Jun. 5, 2024

§ 2651.009’s source at texas​.gov