Arkansas Statutes
§ 23-103-404 — Authorized activities of title insurers
Arkansas·Title 23
(a)Subject to the exceptions and restrictions contained in this subchapter, a title insurer may:
(1)Transact only title insurance business;
(2)Reinsure title insurance policies; and (3) Unless prohibited by the Insurance Commissioner, perform or cause to be performed ancillary activities whether or not in contemplation of or in conjunction with the issuance of a title insurance report or title insurance policy including:
(A)Underwriting title to and furnishing related information about personal property or real property; and (B) Procuring and furnishing information about relevant personal property.
(b)Only a title insurer may issue closing protection or issue as an insurer a title insurance policy.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-103-404 (Authorized activities of title insurers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2007, No. 684, § 6; 2011, No. 515, § 3.
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