Section 31-5041.08 - Underwriting contract required with title insurer

Underwriting contract required with title insurer

A person acting in the capacity of a title insurance producer shall not place business with a title insurer unless there is in force a written contract between the parties which sets forth the responsibilities of each party, and, if both parties share responsibility for a particular function, specifies the division of the responsibilities.

CREDIT(S)

(Sept. 24, 2010, D.C. Law 18-223, § 2129, 57 DCR 6242.)

HISTORICAL AND STATUTORY NOTES

Emergency Act Amendments
For temporary (90 day) addition, see § 2129 of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
Legislative History of Laws
For Law 18-223, see notes following § 31-5041.01.

Current through September 13, 2012