Section 703. Compliance with Article Required.--On and after the effective date of this amendment, only a title insurance company as defined in clause (3) of section 701 shall underwrite or issue a policy of title insurance; further, no person, firm, association, corporation, cooperative or joint-stock company shall engage in the business of title insurance in this Commonwealth unless authorized to transact such a business by the provisions of this article.
(703 added Aug. 14, 1963, P.L.922, No.439)