Browse Arkansas Code titles and sections
23-103-403. Requirement for license.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-103-403. Requirement for license.
(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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-103-403
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-103-403
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: cbd6b45cf33eb6162de277ef258684460b30cf73c7f022fb4c53567d6634c3d2
Source location: content.xml paragraph 60818
Stored source content
23-103-403. Requirement for license.
(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.
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-103-404. Authorized activities of title insurers.
(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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-103-404
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-103-404. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-64-101. Scope of provisions.
This chapter shall apply with respect to any insurer, as to all insurances other than wet marine and foreign trade insurance.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-64-101
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-64-101. This identifies an authority to review, not proof of applicability.