Texas § IN.2703.151 - FIXING AND PROMULGATING PREMIUM RATES

Full text of Texas The Texas Constitution § IN.2703.151 — FIXING AND PROMULGATING PREMIUM RATES, with citation guidance and answers to common questions.

§ IN.2703.151. FIXING AND PROMULGATING PREMIUM RATES

FIXING AND PROMULGATING PREMIUM RATES. (a) Except as provided by Subsection (b), the commissioner shall fix and promulgate the premium rates to be charged by a title insurance company or by a title insurance agent for title insurance policies or for other forms prescribed or approved by the commissioner. (b) The commissioner may not fix or promulgate the premium rates for reinsurance between title insurance companies. Title insurance companies may establish the premium rates in amounts to which the companies agree. (c) Except for a premium charged for reinsurance, a premium may not be charged for a title insurance policy or for another prescribed or approved form at a rate different than the rate fixed and promulgated by the commissioner. 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.2703.151

What does The Texas Constitution § IN.2703.151 cover?

Section IN.2703.151 ("FIXING AND PROMULGATING PREMIUM RATES") 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.2703.151?

A common citation format is "The Texas Constitution § IN.2703.151" (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.2703.151 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

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