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

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

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 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.