Tex. Ins. Code Section 2751.104
Agent Compensation


(a)

The title insurance company that issues a personal property title insurance policy shall pay the title insurance agent that places the order for the policy a total commission equal to 30 percent of the premium charged for the personal property title insurance or personal property title insurance product authorized under this chapter.

(b)

Notwithstanding Subsection (a), a title insurance company may not pay a commission to a title insurance agent for an application for coverage that is placed with the title insurance company directly.

(c)

A commission paid under Subsection (a) does not constitute a violation of Section 2502.051 (Rebates and Discounts Prohibited).
Added by Acts 2007, 80th Leg., R.S., Ch. 543 (S.B. 1153), Sec. 1, eff. September 1, 2007.

Source: Section 2751.104 — Agent Compensation, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­2751.­htm#2751.­104 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 2751.104’s source at texas​.gov