Tex. Ins. Code § 2602.304

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2602.304 - Advance As Loan

Money advanced by the association under this chapter is considered a special fund loan to the impaired title insurance company or agent for payment of covered claims and does not become an asset of the title insurance company or agent. The loan is repayable to the extent money from the title insurance company or agent is available.

Tex. Ins. Code § 2602.304

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. 4/1/2005.