(a) Subject to the exceptions and restrictions contained in this subchapter, a title insurer may:
(1) Transact only title insurance business;
(2) Reinsure title insurance policies; and
(3) Unless prohibited by the Insurance Commissioner, perform or cause to be performed ancillary activities whether or not in contemplation of or in conjunction with the issuance of a title insurance report or title insurance policy including:
(A) Underwriting title to and furnishing related information about personal property or real property; and
(B) Procuring and furnishing information about relevant personal property.
(b) Only a title insurer may issue closing protection or issue as an insurer a title insurance policy.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subchapter 4 - Arkansas Title Insurance Act
§ 23-103-403. Requirement for license
§ 23-103-404. Authorized activities of title insurers
§ 23-103-405. Title insurers — Limitation of authority — Powers
§ 23-103-406. Title insurance agents — Examination of records
§ 23-103-407. Agency contracts
§ 23-103-408. Minimum search requirements
§ 23-103-409. Title insurance agent — Restrictions
§ 23-103-410. Title insurance inventory maintenance
§ 23-103-411. Title insurer — Audit
§ 23-103-412. Title insurer — Restrictions
§ 23-103-413. Policyholder rights and disclosure
§ 23-103-414. Record retention requirements
§ 23-103-415. Rules promulgated by Insurance Commissioner