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Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-103-403. Requirement for license

Current as of March 28, 2024 | Updated by Findlaw Staff

(a)(1) Except as provided in subdivision (a)(2) of this section and § 23-103-404, only an appointed title insurance agency licensed under § 23-64-101 et seq. shall issue title insurance policies, reports, or otherwise transact title insurance business.

(2) An appointed title insurance agency licensed under § 23-64-101 et seq. shall not issue closing protection or issue as an insurer a title insurance policy.

(b) All title insurance policies and reports covering an insurable interest in title to real property located in this state shall be signed by a title insurance agent:

(1) Properly appointed by a title insurer;

(2) Affiliated with a title insurance agency; and

(3) Licensed in this state under this subchapter.

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Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-103-403. Requirement for license - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-103-403/

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