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Current as of January 02, 2024 | Updated by Findlaw Staff
Every title insurance company, agency and agent shall:
(1) Keep books of account and records and vouchers pertaining to the business of title insurance in such a manner that the commissioner or the commissioner's authorized representative may readily ascertain whether the company, agency or agent has complied with any and all applicable laws and regulations; and
(2) Maintain a separate record of all receipts and disbursements made while handling escrows, settlements and closings in connection with the business of title insurance and shall establish a separate account for the handling of funds received in the course of the transactions.
Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-35-130 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-35-130/
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