(a) The Commissioner, during normal business hours, may examine, audit, and inspect any and all books and records required and maintained by a title insurance producer; provided, that trust accounts maintained by attorneys shall be subject to any privilege permitted by law and properly asserted.
(b) The Commissioner may require that the information provided under this section be verified by oath of the title insurance producer or an officer, employee, or accountant of the title insurance producer.
(Sept. 24, 2010, D.C. Law 18-223, § 2124, 57 DCR 6242.)
For temporary (90 day) addition, see § 2124 of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 50B - Title Insurance Producers
§ 31–5041.02. Licensing requirements
§ 31–5041.03. Examination of operation of title insurance producers
§ 31–5041.04. Record-retention requirements
§ 31–5041.05. Policyholder treatment
§ 31–5041.06. Conditions for providing escrow, settlement, closing, and indemnity deposit services
§ 31–5041.07. Prohibition of rebate and fee splitting
§ 31–5041.08. Underwriting contract required with title insurer
§ 31–5041.09. Penalties and liabilities
§ 31–5041.10. Violations of the Real Estate Settlement Procedures Act