23-103-404. Authorized activities of title insurers.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-103-404. Authorized activities of title insurers.

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. A text match is a research starting point; applicability is not established.