Creation of Title Insurance Recovery, Education, and Research Fund.

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  • (1) There is created an expendable special revenue fund to be known as the "Title Insurance Recovery, Education, and Research Fund."
  • (2) The fund shall consist of:
    • (a) assessments on individual title insurance producers and agency title insurance producers made under this chapter;
    • (b) amounts collected under Section 31A-41-305; and
    • (c) interest earned on the fund.
  • (3) Interest on fund money shall be deposited into the fund.
  • (4) The department shall administer the fund.





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