Texas § IN.2652.101 - BOND REQUIRED
Full text of Texas The Texas Constitution § IN.2652.101 — BOND REQUIRED, with citation guidance and answers to common questions.
§ IN.2652.101. BOND REQUIRED
BOND REQUIRED. (a) A title insurance agent or direct operation shall obtain, at its own expense, a bond for its escrow officers appointed under Section 2652.1511 payable to the department. The bond shall obligate the principal and surety to pay for any pecuniary loss sustained by the title insurance agent or direct operation through an act of fraud, dishonesty, forgery, theft, embezzlement, or wilful misapplication by an escrow officer, either directly and alone or in conspiracy with another person. (b) The bond must be: (1) of a type approved by the department; and (2) issued by a surety licensed by the department to do business in this state. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005. Amended by: Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491 ), Sec. 6, eff. September 1, 2015.
Frequently Asked Questions About Texas § IN.2652.101
What does The Texas Constitution § IN.2652.101 cover?
Section IN.2652.101 ("BOND REQUIRED") 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.2652.101?
A common citation format is "The Texas Constitution § IN.2652.101" (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.2652.101 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.