20-1582. Title insurance agents; replies to inquiries by director Every title insurance agent shall promptly reply, in writing, with a copy thereof to each title insurer for which the agent is acting, to any inquiry of the director relative to the business of title insurance, and failure to reply shall be a ground for revocation […]
20-1583. Title insurance agencies; use of corporate names A title insurer may authorize the use of its corporate name or a portion of the name to a title insurance agency.
20-1584. Commissions; right to pay A title insurer may pay a commission to a licensed title insurance agent or other title insurer.
20-1585. Commissions; other considerations prohibited No title insurer and no title insurance agent shall pay or give to any applicant for insurance, or to any person who is acting as agent, representative, attorney or employee of the owner, lessee, or mortgagee or of the prospective owner, lessee or mortgagee of the real property or any […]
20-1586. Rebates or reduced fees A. No title insurer nor title insurance agent shall knowingly make any rebate of any portion of the fee or charge established pursuant to section 20-376. B. No title insurer nor title insurance agent shall knowingly quote any fee or make any charge for a title insurance policy to any […]
20-1587. Personal or controlled insurance A. As used in this article " personal or controlled insurance" means a policy of title insurance where the insured or one of the insureds under such policy is, or the loss thereunder is payable to: 1. The title insurer issuing such policy for its own benefit rather than as […]
20-1588. Examination of records; order; notice A. If he has reason to believe that any title insurance agent has violated or is violating any of the provisions of this article, the director shall forthwith examine such title insurance agent’s books of account, records and vouchers pertaining to the business of title insurance, and any title […]
20-1589. Violations; classification Every title insurer and every title insurance agent who knowingly pays any commission, or which makes any unlawful rebate, in violation of this article shall be guilty of a class 2 misdemeanor.
20-1590. Permitted division of fees Nothing in this article shall be construed to prohibit the division of fees and charges between or among two or more title insurers or between or among one or more title insurers and one or more title insurance agents, or between or among two or more title insurance agents.
20-1591. Forms of policies and other contracts of title insurance; approval or disapproval A. Every title insurer shall file with the director all forms of title policies and other contracts of title insurance before issuance of any policy or contract. A title insurance rating organization may make filings on behalf of all of its members […]
20-1592. Records A. Every domestic title insurer shall, except as hereinafter provided, keep and maintain at its principal office in this state: 1. A true copy of its articles of incorporation as filed in the office of the corporation commission, and the original of its by-laws, 2. Its books of account, 3. A record containing […]
