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CS/SB 638: Title Insurance

GENERAL BILL by Banking and Insurance ; Wise ; (CO-INTRODUCERS) Geller ; King ; Campbell

Title Insurance; redefines term "title insurance" to include insurance for security interests in personal property; redefines term "related title services" to include examination of searches of certain records; prohibits title insurer from issuing title insurance commitment, endorsement, or policy until there has been examination of certain records; requires title insurer to preserve & retain evidence of certain records, etc. Amends 624.608, 627.7711,.7845.

Effective Date: 07/01/2005
Last Action: 5/2/2005 Senate - Placed on Special Order Calendar -SJ 00811; Read second time -SJ 00785; Amendment(s) adopted -SJ 00786; Substituted HB 75 -SJ 00786; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 75 (Ch. 2005-153)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/11/2005 Senate • Filed
    1/28/2005 Senate • Referred to Banking and Insurance; Judiciary; Rules and Calendar
    3/8/2005 Senate • Introduced, referred to Banking and Insurance; Judiciary; Rules and Calendar -SJ 00042
    3/23/2005 Senate • On Committee agenda-- Banking and Insurance, 03/29/05, 2:30 pm, 412-K
    3/29/2005 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 00320; CS read first time on 03/31/05 -SJ 00320
    3/31/2005 Senate • Now in Judiciary -SJ 00320
    4/7/2005 Senate • On Committee agenda-- Judiciary, 04/12/05, 9:00 am, 401-S
    4/12/2005 Senate • Favorable by Judiciary; YEAS 8 NAYS 0 -SJ 00419
    4/13/2005 Senate • Now in Rules and Calendar -SJ 00419
    4/27/2005 Senate • Withdrawn from Rules and Calendar -SJ 00637; Placed on Calendar, on second reading
    5/2/2005 Senate • Placed on Special Order Calendar -SJ 00811; Read second time -SJ 00785; Amendment(s) adopted -SJ 00786; Substituted HB 75 -SJ 00786; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 75 (Ch. 2005-153)

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  • CS/SB 638, Committee Substitute 1 (Current Bill Version) Posted 3/31/2005 at 8:53 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 3/29/2005 (pdf)
    Judiciary (Post-Meeting) 4/11/2005 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 75 (e1) Mahon Similar Last Action: 6/8/2005 Approved by Governor; Chapter No. 2005-153
    Location:

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    550298 - Amendment
    Wise 4/28/2005
    3:54 PM
    Senate: Adopted
    5/2/2005
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/12/2005 9:00 AM Judiciary 8 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    624.608 "Title insurance" defined.
    627.7711 Definitions.
    627.7845 Determination of insurability required; preservation of evidence of title search and examination.

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  • SB 638, Original Filed Version Posted 1/11/2005 at 4:04 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    465792 - Amendment
    Banking and Insurance
    (Campbell)
    3/28/2005
    10:03 AM
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/29/2005 2:30 PM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    624.608 "Title insurance" defined.
    627.7711 Definitions.

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