Texas § IN.2502.053 - CERTAIN COMPENSATORY PAYMENTS NOT PROHIBITED
Full text of Texas The Texas Constitution § IN.2502.053 — CERTAIN COMPENSATORY PAYMENTS NOT PROHIBITED, with citation guidance and answers to common questions.
§ IN.2502.053. CERTAIN COMPENSATORY PAYMENTS NOT PROHIBITED
CERTAIN COMPENSATORY PAYMENTS NOT PROHIBITED. This subchapter does not prohibit: (1) payment for services actually performed by a title insurance company, title insurance agent, or direct operation in connection with title examination or with closing the transaction or furnishing title evidence if: (A) the payment does not exceed the percentage of premium or other amount established by the commissioner for the payment; and (B) the person receiving the payment is licensed as provided by this title; (2) payment of bona fide compensation to a bona fide employee principally employed by a title insurance company, title insurance agent, or direct operation; (3) reasonable payment for goods or facilities actually provided and received; or (4) payment for services actually performed by an attorney in connection with title examination or with closing the transaction, if the payment does not exceed a reasonable charge for the services. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.2502.053
What does The Texas Constitution § IN.2502.053 cover?
Section IN.2502.053 ("CERTAIN COMPENSATORY PAYMENTS NOT PROHIBITED") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.2502.053?
A common citation format is "The Texas Constitution § IN.2502.053" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.2502.053 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.