Untitled Texas Attorney General Opinion

March 9,,1948, Rau, J. P. Gibbs, Gemmissioner Casualty Insurance Division l)oard, of ,Inaumgcs CUmZssi~ners Au&in 14, Texas GAttention: Bon. Ned ~Price, Director * Title Seotion. Opinion No. v-517 Re: Authority of title insurance aompanies, to’ is,sue a~ binder obligating them t8 isaud,~ at the option of the,, insured, 8 mortgagee’s tit& poli,oy ink-, ,euring the lien ‘for advancea rar construction .prior to the COmpletiOn Qf the idprOVOlXCitd;, and whether dn additiomal rate should be. prraulgated for the ”‘: _ issuance‘ of such a bin&e.r. Dear sir: Yeur. letter or Deoember 2 ~bubmits frrour…