™Your Policy Risk Impact Agent
95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-103-409 Title insurance agent — Restrictions
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(1) A title insurance agent shall not:(1) Bind reinsurance on behalf of the title insurer;(2) Permit any of its directors, officers, controlling shareholders, or employees to serve on the title insurer's board of directors if the title insurance agent wrote five percent (5%) or m…
Ark. Code Ann. § 23-103-410 Title insurance inventory maintenance
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(a) The title insurer and the title insurance agency shall each maintain an inventory of all numbered policy forms or policy numbers assigned to the title insurance agency by the title insurer. (b) If title insurance policies are generated electronically by the title insurer, the…
Ark. Code Ann. § 23-103-411 Title insurer — Audit
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(a) (1) At least one (1) time each year, a title insurer shall conduct an on-site audit of the escrow and closing practices related to the issuance of title insurance policies, escrow accounts, security arrangements, files, underwriting and claims practices, and policy inventory …
Ark. Code Ann. § 23-103-412 Title insurer — Restrictions
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(1) A title insurer shall not:(1) Appoint any director, officer, controlling shareholder, or employee of a title insurance agency to serve on the title insurer's board of directors if the title insurance agency wrote five percent (5%) or more of the direct premiums of the title i…