Texas § 2551.352 REVOCATION OF PERMIT AND FORFEITURE OF CHARTER.

Texas Statutes

§ 2551.352 — REVOCATION OF PERMIT AND FORFEITURE OF CHARTER.

Texas § 2551.352

Code INInsurance Code

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Bluebook

Tex. Insurance Code Code Ann. § 2551.352 (2026).

Text

Sec. 2551.352. REVOCATION OF PERMIT AND FORFEITURE OF CHARTER.

(a)A domestic corporation engaged in the business of title insurance that violates this title is subject to:

(1)revocation by the commissioner of the corporation's permit; and

(2)forfeiture of the corporation's charter.

(b)A foreign corporation engaged in the business of title insurance that violates this title is subject to revocation by the commissioner of the corporation's permit.

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Sec. 2551.352. REVOCATION OF PERMIT AND FORFEITURE OF CHARTER. (a) A domestic corporation engaged in the business of title insurance that violates this title is subject to:
(1) revocation by the commissioner of the corporation's permit; and
(2) forfeiture of the corporation's charter.
(b) A foreign corporation engaged in the business of title insurance that violates this title is subject to revocation by the commissioner of the corporation's permit.