Texas § IN.2502.054 - CERTAIN DIVISIONS OF PREMIUMS NOT PROHIBITED

Full text of Texas The Texas Constitution § IN.2502.054 — CERTAIN DIVISIONS OF PREMIUMS NOT PROHIBITED, with citation guidance and answers to common questions.

§ IN.2502.054. CERTAIN DIVISIONS OF PREMIUMS NOT PROHIBITED

CERTAIN DIVISIONS OF PREMIUMS NOT PROHIBITED. (a) For purposes of this section, a subsidiary is a company at least 50 percent of the voting stock of which is owned by the title insurance company or by a wholly owned subsidiary of the title insurance company. (b) This subchapter does not: (1) prohibit a title insurance company from: (A) appointing as its title insurance agent for a county a person who owns or leases and operates an abstract plant for that county; and (B) arranging for a division of premiums with the agent as set by the commissioner; or (2) affect the division of a premium between a title insurance company and its subsidiary title insurance agent when the company directly issues a title insurance policy or contract under Section 2704.002 . Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § IN.2502.054

What does The Texas Constitution § IN.2502.054 cover?

Section IN.2502.054 ("CERTAIN DIVISIONS OF PREMIUMS 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.

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A common citation format is "The Texas Constitution § IN.2502.054" (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?

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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.

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