Texas § IN.2652.102 - ALTERNATIVE TO BOND
Full text of Texas The Texas Constitution § IN.2652.102 — ALTERNATIVE TO BOND, with citation guidance and answers to common questions.
§ IN.2652.102. ALTERNATIVE TO BOND
ALTERNATIVE TO BOND. (a) Instead of the bond required by Section 2652.101 , a title insurance agent or direct operation may deposit with the department: (1) cash; (2) irrevocable letters of credit issued by a financial institution insured by an agency of the United States; or (3) securities approved by the department. (b) The cash, letters of credit, or securities deposited under this section are subject to the conditions required for a bond under Section 2652.101 . Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Frequently Asked Questions About Texas § IN.2652.102
What does The Texas Constitution § IN.2652.102 cover?
Section IN.2652.102 ("ALTERNATIVE TO BOND") 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.2652.102?
A common citation format is "The Texas Constitution § IN.2652.102" (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.2652.102 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.