Tex. Insurance Code § 2651.201
LICENSE SURRENDER OR FORFEITURE
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2651.201, LICENSE SURRENDER OR FORFEITURE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/685086
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Full text
(a) A title insurance agent or direct operation may voluntarily surrender at any time a license issued under this chapter by giving notice to:
(1) the department; and
(2) the affected title insurance company.
(b) A title insurance agent or direct operation that terminates the agency contract with a title insurance company automatically forfeits the license under that company.
(c) A surrender or forfeiture of a license under this section does not affect the culpability of the license holder for conduct committed before the effective date of the surrender or forfeiture. The department may institute a disciplinary proceeding against the former license holder for conduct committed before the effective date of the surrender or forfeiture.