District of Columbia Code
Title 31 - Insurance and Securities
Chapter 50A - Title Insurance Insurers

§ 31–5031.01. Definitions - For the purposes of this chapter, the term: (1) “Abstract...

§ 31–5031.02. Licensing needed to transact business - No person, other than a domestic, foreign, or non-U.S. title...

§ 31–5031.03. Authorized activities of title insurers - Subject to the exceptions and restrictions contained in this chapter,...

§ 31–5031.04. Limitations on powers - (a) An insurer that transacts any class, type, or kind...

§ 31–5031.05. Minimum capital and surplus requirements - Before being licensed to do an insurance business in the...

§ 31–5031.06. Single risk limit - (a) The net retained liability of a title insurer for...

§ 31–5031.07. Admitted asset standards - In determining the financial condition of a domestic title insurer...

§ 31–5031.08. Reserves - (a) In determining the financial condition of a title insurer...

§ 31–5031.09. Liquidation, dissolution, or insolvency - (a) Except as otherwise provided in this section, the IRLA...

§ 31–5031.10. Restrictions on dividends - A domestic title insurer shall only declare or distribute a...

§ 31–5031.11. Diversification requirement - (a) Without the prior written approval of the Commissioner, a...

§ 31–5031.12. Direct operations and policyholder treatment - (a) If a title insurance commitment includes an offer to...

§ 31–5031.13. Duties of title insurers utilizing the services of title insurance producers - (a) The title insurer shall not accept business from a...

§ 31–5031.14. Conditions for maintaining escrow and indemnity deposit accounts - (a) A title insurer may operate as an escrow, indemnity,...

§ 31–5031.15. Prohibition of rebate and fee splitting - A title insurer or other person shall not give or...

§ 31–5031.16. Favored producer of title insurer; buyer’s right to choose - (a) A title insurer shall not participate in any transaction...

§ 31–5031.17. Premium rate filings and standards - (a) A title insurer or title insurance producer may charge...

§ 31–5031.18. Form filing - (a)(1) The Commissioner may require that all policy forms used...

§ 31–5031.19. Filing by rating bureaus - (a) A title insurer may satisfy its obligation to file...

§ 31–5031.20. Record retention requirements - Evidence of the examination of title and determination of insurability...

§ 31–5031.21. Penalties and liabilities - (a) If the Commissioner determines that the title insurer or...

§ 31–5031.22. Violations of Real Estate Settlement Procedures Act (“RESPA”) - The Commissioner or Attorney General may bring an action in...

§ 31–5031.23. Rules; orders - (a) The Commissioner, through the Mayor, pursuant to subchapter I...

§ 31–5031.24. Applicability; construction - (a) This chapter shall: (1) Apply to all persons engaged...