Texas § IN.2551.003 - RULEMAKING
Full text of Texas The Texas Constitution § IN.2551.003 — RULEMAKING, with citation guidance and answers to common questions.
§ IN.2551.003. RULEMAKING
RULEMAKING; AUTHORITY OF DEPARTMENT AND COMMISSIONER. (a) The commissioner may adopt and enforce rules: (1) that prescribe underwriting standards and practices on which a title insurance contract must be issued; (2) that define risks that may not be assumed under a title insurance contract, including risks that may not be assumed because of the insolvency of the parties to the transaction; and (3) that the commissioner determines are necessary to accomplish the purposes of this title. (b) With respect to a company operating under this title that engages in the kinds of business described by Section 2551.051 (b)(1) or (2) in a manner that might subject the company to another regulatory statute of this state, all examination and regulation shall be exercised by the department rather than any other state agency named in the other regulatory statute, as long as the corporation engages in the business of title insurance. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005. SUBCHAPTER B. FORMATION
Frequently Asked Questions About Texas § IN.2551.003
What does The Texas Constitution § IN.2551.003 cover?
Section IN.2551.003 ("RULEMAKING") 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.2551.003?
A common citation format is "The Texas Constitution § IN.2551.003" (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.2551.003 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.