PROFESSIONAL TRAINING PROGRAM

(a) The commissioner shall adopt by rule a professional training program for a title insurance agent and the management personnel of the title insurance agent. (b) The professional training program must be designed to provide information regarding: (1) the basic principles and coverages related to title insurance; (2) recent and prospective changes in those principles and coverages; (3) applicable rules and laws; (4) proper conduct of the license holder's title insurance business; (5) accounting principles and practices and financial responsibilities and practices relevant to title insurance; and (6) the duties and responsibilities of a title insurance agent. (c) Professional training program hours may be used to satisfy the continuing education requirements established under Section 2651.204. (d) A professional training program course must be offered by: (1) a statewide title insurance association, statewide title agents' association or professional association, or local chapter of a statewide title insurance or title agents' association or professional association; (2) an accredited college or university; (3) a career school or college as defined by Section 132.001, Education Code; (4) the State Bar of Texas; (5) an educational publisher; (6) a title insurance company authorized to engage in business in this state; (7) a company that owns one or more title insurance companies authorized to engage in business in this state; (8) a public school system in this state; or (9) an individual accredited as an instructor by an entity described by Subdivisions (1)-(8). (e) An individual is exempt from the professional training requirement of this section if the individual has held in this state for at least five years a position as management personnel with a title insurance agent, or a comparable position, as determined under rules adopted by the commissioner.