(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.
Section: Previous 23-103-402 23-103-403 23-103-404 23-103-405 23-103-406 23-103-407 23-103-408 23-103-409 23-103-410 23-103-411 23-103-412 23-103-413 23-103-414 23-103-415 NextLast modified: November 15, 2016