North Dakota § 26.1-20-05 Title evidence - Examination

North Dakota Statutes

§ 26.1-20-05 — Title evidence - Examination

North Dakota·Title 26.1 Insurance·Ch. 26.1-20 Title Insurance Companies

A domestic corporation organized for the purpose of insuring title to real property in this
state or of insuring against loss by reason of defective titles to real property, or encumbrances
on real property, or a foreign corporation authorized to do business in this state, may not issue
any policy, binder, or certificate unless it has secured from a person, firm, or corporation holding
a certificate of authority under chapter 43-01 the record title evidence of the title to be insured,
and the title evidence has been examined by a person duly admitted to the practice of law as
provided by chapter 27-11. The certificate of authority of any corporation violating this section
must be revoked as provided by chapter 26.1-02 or 26.1-11.

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A domestic corporation organized for the purpose of insuring title to real property in this
state or of insuring against loss by reason of defective titles to real property, or encumbrances
on real property, or a foreign corporation authorized to do business in this state, may not issue
any policy, binder, or certificate unless it has secured from a person, firm, or corporation holding
a certificate of authority under chapter 43-01 the record title evidence of the title to be insured,
and the title evidence has been examined by a person duly admitted to the practice of law as
provided by chapter 27-11. The certificate of authority of any corporation violating this section
must be revoked as provided by chapter 26.1-02 or 26.1-11.

North Dakota § 26.1-20-05 (Title evidence - Examination) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.