A person acting in the capacity of a title insurance producer shall not place business with a title insurer unless there is in force a written contract between the parties which sets forth the responsibilities of each party, and, if both parties share responsibility for a particular function, specifies the division of the responsibilities.
(Sept. 24, 2010, D.C. Law 18-223, § 2129, 57 DCR 6242.)
For temporary (90 day) addition, see § 2129 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