Tex. Insurance Code § 2651.157
ENFORCEMENT; HEARING
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2651.157, ENFORCEMENT; HEARING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/685083
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Full text
(a) After notice and hearing, the department may revoke the license or certificate of authority of a title insurance agent, direct operation, or title insurance company that:
(1) fails to furnish an audit report in the time required; or
(2) furnishes an audit report that reveals any irregularity, including a shortage, or any practice not in keeping with sound, honest business practices.
(b) The notice must be provided to the agent, the direct operation, or each title insurance company involved.
(c) At a hearing under this section, the agent, direct operation, or title insurance company may offer evidence explaining or excusing a failure or irregularity.