Automatic Termination of Licenses

Tex. Insurance Code § 2651.057, under Chapter 2651.

Tex. Insurance Code § 2651.057

Sec. 2651.057. AUTOMATIC TERMINATION OF LICENSES. If a title insurance company surrenders the company's certificate of authority or if the certificate of authority is revoked by the department, all licenses of the company's abstract plants automatically terminate. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.