(a) Engage in title insurance business if licensed to do so by the Commissioner.
(b) Take action incidental to the making of a contract or policy of title insurance,
directly or through a title agent or escrow officer employed by the title insurer,
including the conducting or holding of money in escrow, making settlements and closing
(c) Provide any other service related or incidental to the sale and transfer of property
if it has filed notice with the Commissioner of its intention to provide the service,
and the Commissioner has not disapproved the service within 30 days after the Commissioner’s
receipt of the notice.
(d) Invest in title plants.
2. No title insurer may engage in the business of guaranteeing the obligations of
3. Each title insurer shall, no later than February 1 of each calendar year, certify
to the Commissioner the title agents and escrow officers it employs or appoints, including
title agents and escrow officers employed by a title agent whom it has appointed. Each title insurer is responsible for and shall supervise the acts of each person
that is required to be certified pursuant to this section.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.