CODING: Words stricken are deletions; words underlined are additions.

House Bill 1609

Florida House of Representatives - 1997 HB 1609 By Representative Arnold 1 A bill to be entitled 2 An act relating to title insurance agents and 3 agencies; amending s. 626.8411, F.S.; providing 4 that s. 626.572, F.S., relating to rebating 5 does not apply to title insurance agents and 6 agencies; providing for retroactive effect; 7 providing an effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Paragraph (c) of subsection (2) of section 12 626.8411, Florida Statutes, is amended to read: 13 626.8411 Application of Florida Insurance Code 14 provisions to title insurance agents or agencies.-- 15 (2) The following provisions of part I do not apply to 16 title insurance agents or title insurance agencies: 17 (c) Section 626.572 626.752, relating to rebating 18 exchange of business. 19 Section 2. This act is remedial in nature and shall 20 operate retroactively. 21 Section 3. This act shall take effect upon becoming a 22 law. 23 24 ***************************************** 25 HOUSE SUMMARY 26 Provides that s. 626.572, Florida Statutes, relating to 27 rebating does not apply to title insurance agents and agencies. See bill for details. 28 29 30 31 1