Texas § 2652.002 EMPLOYMENT OF ESCROW OFFICER.

Texas Statutes

§ 2652.002 — EMPLOYMENT OF ESCROW OFFICER.

Texas § 2652.002

Code INInsurance Code

This text of Texas § 2652.002 (EMPLOYMENT OF ESCROW OFFICER.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 2652.002 (2026).

Text

Sec. 2652.002. EMPLOYMENT OF ESCROW OFFICER.

(a)A title insurance agent or direct operation may not employ an individual as an escrow officer unless the individual:

(1)holds a license issued by the department;

(2)is covered by a surety bond or deposit as required under Subchapter C; and

(3)is appointed under Section 2652.1511 as an escrow officer by the title insurance agent or direct operation.

(b)A title insurance agent or direct operation may not permit an individual to act as an escrow officer in this state before the agent or direct operation has complied with Sections 2652.151 and 2652.1511 with respect to the individual.

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Sec. 2652.002. EMPLOYMENT OF ESCROW OFFICER. (a) A title insurance agent or direct operation may not employ an individual as an escrow officer unless the individual:
(1) holds a license issued by the department;
(2) is covered by a surety bond or deposit as required under Subchapter C; and
(3) is appointed under Section 2652.1511 as an escrow officer by the title insurance agent or direct operation.
(b) A title insurance agent or direct operation may not permit an individual to act as an escrow officer in this state before the agent or direct operation has complied with Sections 2652.151 and 2652.1511 with respect to the individual.

Legislative History

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005. Amended by: Acts 2015, 84th Leg., R.S., Ch. 232 (H.B. 2491 ), Sec. 1, eff. September 1, 2015.