| HOME EQUITY LAW - PROPOSED CHANGES TO EXISTING TITLE INSURANCE
FORMS
In
September 2003 a constitutional amendment was passed
that made changes to the home equity law. The Commissioner
of Insurance has published for adoption amendments
to forms and procedural rules intended to conform
to these recent changes. The TLTA Board of Directors
has reviewed and voted to support the following proposed
amendments that were submitted to the Texas Department
of Insurance by Stewart Title Guaranty Company. A
comment period on the proposed changes will be in
effect through February 16, 2004. Please note, upon
the Commissioner’s official adoption these items will
be effective March 15, 2004.
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