SB3902 amends the Title Insurance Act to require title insurance agents to hold a license and be registered with a title insurance company, establish.
SB3902 amends the Title Insurance Act to mandate that any person acting as a title insurance agent must hold a license issued by the Secretary of Financial and Professional Regulation and be registered with a title insurance company to perform core title agent services. It establishes disclosure requirements for applicants, including an affidavit affirming the applicant and their associates have no convictions or disciplinary actions involving theft or dishonesty. The bill sets education requirements for agents, including passing an examination and completing continuing education.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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