Section 3502.051 - General Eligibility to Write Mortgage Guaranty Insurance(a) An insurer that writes anywhere any class of insurance other than mortgage guaranty insurance may not be issued or continue to hold a certificate of authority to write mortgage guaranty insurance in this state.(b) A mortgage guaranty insurer that writes anywhere the class of mortgage guaranty insurance described by Section 3502.003(1)(C) or (2) may not be issued or continue to hold a certificate of authority to write in this state the class of mortgage guaranty insurance described by Section 3502.003(1)(A) or (B).Tex. Ins. Code § 3502.051
Added by Acts 2005, 79th Leg., Ch. 727, Sec. 3, eff. 4/1/2007.