Texas § IN.2651.013 - DIVISION OF PREMIUM HELD IN TRUST
Full text of Texas The Texas Constitution § IN.2651.013 — DIVISION OF PREMIUM HELD IN TRUST, with citation guidance and answers to common questions.
§ IN.2651.013. DIVISION OF PREMIUM HELD IN TRUST
DIVISION OF PREMIUM HELD IN TRUST; RULES. (a) The funds held by a title insurance agent that are owed to a title insurance company, another title insurance agent, or a direct operation arising from a division of premium, whether as determined under rules adopted by the commissioner or by agreement among the parties, are considered to be held in trust for the title insurance company, other title insurance agent, or direct operation. (b) This section does not require, and the commissioner may not require by rule, that funds described by Subsection (a) be held in a separate account subject to an external audit. This section does not affect the department's or association's authority to examine or audit a title agent or direct operation. Added by Acts 2009, 81st Leg., R.S., Ch. 1025 (H.B. 4338 ), Sec. 14, eff. September 1, 2009. SUBCHAPTER B. DIRECT OPERATION LICENSE
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.2651.013
What does The Texas Constitution § IN.2651.013 cover?
Section IN.2651.013 ("DIVISION OF PREMIUM HELD IN TRUST") 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.2651.013?
A common citation format is "The Texas Constitution § IN.2651.013" (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.2651.013 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.