Texas § IN.2602.201 - MAKING OF ASSESSMENT
Full text of Texas The Texas Constitution § IN.2602.201 — MAKING OF ASSESSMENT, with citation guidance and answers to common questions.
§ IN.2602.201. MAKING OF ASSESSMENT
MAKING OF ASSESSMENT. (a) If the commissioner determines that a title insurance company has become impaired, the association shall promptly estimate the amount of additional money needed to supplement the assets of the impaired title insurance company to pay all covered claims and administrative expenses, including expenses related to processing and payment of the claims. (b) The association shall assess title insurance companies in writing an amount as determined under Section 2602.202 . A title insurance company does not incur real or contingent liability under this chapter until the association actually makes the written assessment. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005. Amended by: Acts 2019, 86th Leg., R.S., Ch. 775 (H.B. 1614 ), Sec. 16, eff. September 1, 2019.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.2602.201
What does The Texas Constitution § IN.2602.201 cover?
Section IN.2602.201 ("MAKING OF ASSESSMENT") 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.2602.201?
A common citation format is "The Texas Constitution § IN.2602.201" (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.2602.201 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.