Bill Text: TX HB1901 | 2023-2024 | 88th Legislature | Enrolled
Bill Title: Relating to the filing of an annual audit report by a title insurance company, title insurance agent, or direct operation.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2023-06-09 - Effective on 9/1/23 [HB1901 Detail]
Download: Texas-2023-HB1901-Enrolled.html
H.B. No. 1901 |
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relating to the filing of an annual audit report by a title | ||
insurance company, title insurance agent, or direct operation. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2651.151(b), Insurance Code, is amended | ||
to read as follows: | ||
(b) Not later than the 90th day after the date of the end of | ||
the agent's or direct operation's fiscal year, the agent or direct | ||
operation shall file with [ |
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letter. The agent shall also send a copy of the audit report and | ||
transmittal letter to each title insurance company that the agent | ||
represents. | ||
SECTION 2. Section 2651.152(b), Insurance Code, is amended | ||
to read as follows: | ||
(b) Not later than the 90th day after the date of the end of | ||
the title insurance company's fiscal year, the company shall file | ||
with [ |
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one copy of the audit report. | ||
SECTION 3. This Act takes effect September 1, 2023. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 1901 was passed by the House on April | ||
14, 2023, by the following vote: Yeas 139, Nays 4, 2 present, not | ||
voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 1901 was passed by the Senate on May | ||
17, 2023, by the following vote: Yeas 31, Nays 0. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: _____________________ | ||
Date | ||
_____________________ | ||
Governor |