Authorized activities of title insurers

1. Law
2. Arkansas Code
3. Public Utilities and Regulated Industries
4. Insurance
5. Title Insurance
6. Arkansas Title Insurance Act
7. Authorized activities of title insurers

1. (a) Subject to the exceptions and restrictions contained in this subchapter, a title insurer may:

   1. (1) Transact only title insurance business;

   2. (2) Reinsure title insurance policies; and

   3. (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 title insurance policy including:

      1. (A) Underwriting title to and furnishing related information about personal property or real property; and

      2. (B) Procuring and furnishing information about relevant personal property.

2. (b) Only a title insurer may issue closing protection or issue as an insurer a title insurance policy.

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