§ 48.29.210. Business inducements -- Prohibited practices
(1) A title insurer, title insurance agent, or employee, agent, or other representative of a title insurer or title insurance agent shall not, directly or indirectly, give any fee, kickback, or other thing of value to any person as an inducement, payment, or reward for placing business, referring business, or causing title insurance business to be given to either the title insurer, or title insurance agent, or both.
(2) A title insurer, title insurance agent, or employee, agent, or other representative of a title insurer or title insurance agent shall not, directly or indirectly, give anything of value to any person in a position to refer or influence the referral of title insurance business to either the title insurance company or title insurance agent, or both, except as permitted under rules adopted by the commissioner.
[2008 c 110 § 3.]
Sections: Previous 48.29.140 48.29.143 48.29.147 48.29.150 48.29.155 48.29.160 48.29.170 48.29.180 48.29.190 48.29.193 48.29.195 48.29.200 48.29.210 48.29.213 48.29.900 NextLast modified: April 7, 2009