Issue Date: | |
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Revised Date: | 2017-09-01 |
Legal Citations
- Insurance Code sec. 2651.003, sec. 2651.053, sec. 2652.052, sec. 2652.1511
Object Type
Cash — Insurance
Origin Date
1967 by the 60th Leg.
Description
The department may charge each agent or officer of title insurance for original/renewal licenses the following fees, not-to-exceed:
- Title company agent $50.
- Escrow officer $50.
- Duplicate license fee $20.
- Direct operation license $50.
- Late fee ½ of original license fee.
The department may charge a separate appointment fee for escrow officers employed by more than one agent.
Due Date
Department may adopt staggered renewal system. Title agencies, direct operations and escrow officers renew every 2 years from date of issuance.
Collecting Agencies
Note
Previously deposited to the Title Insurance Fund (No. 0162).
Amended by: S.B. 928, 68th Leg., R.S.
S.B. 1238, 69th Leg., R.S.
S.B. 873, 70th Leg., R.S.
H.B. 2, 72nd Leg., R.S.
Recodified by H.B. 2922, 78th Leg., R.S.
Escrow officer appointment fee added by H.B. 2491, 84th Leg., R.S.
Title attorney license fee repealed by S.B. 2065, 85th Leg., R.S.
USAS Values
Appropriation Year | 25 |
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USAS Title | INSURANCE AGENTS LICENSES |
Receipt Category | 04 – Insurance |
Receipt Type | 10 – Business/Professional Fees |
Object Group | 30 – Revenues |
USAS Status | A |
Rev/Exp Category | 01 – LICENSES, FEES, FINES, AND PENALTIES |