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2007 SESSION
HB 1994 Title insurance; authorizes title insurance company, agency, or agent to pay premium to agent.
Introduced by: Terrie L. Suit | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Title insurance; settlement subsidies. Authorizes a title insurance company, title insurance agency, or agent to pay to a settlement agent a portion of the premium that is payable on a title insurance policy purchased by the purchaser or borrower in the real estate transaction, where the payment is used to subsidize the costs of the escrow, closing or settlement services.
FULL TEXT
HISTORY
- 01/08/07 House: Prefiled and ordered printed; offered 01/10/07 075191520
- 01/08/07 House: Referred to Committee on Commerce and Labor
- 01/25/07 House: Stricken from docket by Commerce and Labor by voice vote