SB 1832: Title Insurance
GENERAL BILL by Campbell
Title Insurance; deletes tax on risk premiums for title insurance; modifies definition of title insurance agent & title insurance agency; authorizes title insurance agencies to engage in business as escrow agent; provides that, for purposes of determining unlawful rebates, both title insurance agent's & title insurer's share of premium is considered charge made incident to issuance of such insurance, etc. Amends Chs. 626, 627, 624.509.
Effective Date: 07/01/1998
Last Action: 4/17/1998 Senate - Withdrawn from Banking and Insurance; Ways and Means -SJ 00506; Withdrawn from further consideration -SJ 00506
Bill Text: Web Page | PDF
Last Action: 4/17/1998 Senate - Withdrawn from Banking and Insurance; Ways and Means -SJ 00506; Withdrawn from further consideration -SJ 00506
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 3/3/1998 Senate • Filed
3/11/1998 Senate • Introduced, referred to Banking and Insurance; Ways and Means -SJ 00162
4/17/1998 Senate • Withdrawn from Banking and Insurance; Ways and Means -SJ 00506; Withdrawn from further consideration -SJ 00506
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SB 1832, Original Filed Version (Current Bill Version) Posted 3/5/1998 at 1:22 AM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (17)
Citation Catchline Location in Bill Location In Bill Help 624.509 Premium tax; rate and computation. 626.841 Definitions. 626.8473 Escrow; trust fund. 626.9541 Unfair methods of competition and unfair or deceptive acts or practices defined. 627.7711 Definitions. 627.777 Approval of forms. 627.7773 Accounting and auditing of forms by title insurers. 627.780 Illegal dealings in risk premium. 627.782 Adoption of rates. 627.783 Rate deviation. 627.7831 Title binders and commitments; charges; collection. 627.784 Casualty title insurance prohibited. 627.7841 Insurance against adverse matters or defects in the title. 627.7845 Determination of insurability required; preservation of evidence of title search and examination. 627.786 Transaction of title insurance and any other kind of insurance prohibited. 627.791 Penalties against title insurers for violations by persons or entities not licensed. 627.792 Liability of title insurers for defalcation by title insurance agents.