Arkansas Statutes
§ 23-103-403 — Requirement for license
Arkansas·Title 23
(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.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-103-403 (Requirement for license) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Opinion No.
(Arkansas Attorney General Reports, 2008)
Legislative History
Acts 2007, No. 684, § 6; 2009, No. 1190, § 2; 2011, No. 515, § 2.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
Citizens band radio equipment