Alabama § 35-10-93 Service as a Satisfaction Agent

Alabama Statutes

§ 35-10-93 — Service as a Satisfaction Agent

Alabama·Title 35 Property·Ch. 10 Mortgages·Art. 5 Alabama Residential Mortgage Satisfaction Act

(a)Only a title insurance company or an attorney licensed in this state acting as the agent of and for a title insurance company pursuant to a certificate of authority and within the scope of his or her agency agreement with a title insurance company may serve as a satisfaction agent pursuant to this article.

(b)This article does not require a title insurance company to agree to serve as a satisfaction agent or any attorney or other agent to act on behalf of a title insurance company.

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(a) Only a title insurance company or an attorney licensed in this state acting as the agent of and for a title insurance company pursuant to a certificate of authority and within the scope of his or her agency agreement with a title insurance company may serve as a satisfaction agent pursuant to this article.
(b) This article does not require a title insurance company to agree to serve as a satisfaction agent or any attorney or other agent to act on behalf of a title insurance company.

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