§ 27-2.6-1. Title and purpose.
(a) This chapter shall be known and may be cited as the “Rhode Island Title Insurers Act.”
(b) The purpose of this chapter is to provide for the effective regulation and supervision of title insurance and title insurers licensed to write title insurance in this state.
History of Section.P.L. 2010, ch. 58, § 1; P.L. 2010, ch. 66, § 1.
Structure Rhode Island General Laws
Chapter 27-2.6 - Rhode Island Title Insurers Act
Section 27-2.6-1. - Title and purpose.
Section 27-2.6-2. - Application of act and construction with other laws.
Section 27-2.6-3. - Definitions.
Section 27-2.6-4. - Corporate form required.
Section 27-2.6-5. - Authorized activities of title insurers.
Section 27-2.6-6. - Limitations on powers.
Section 27-2.6-7. - Minimum capital and surplus requirements.
Section 27-2.6-8. - Admitted asset standards.
Section 27-2.6-10. - Liquidation, dissolution or insolvency.
Section 27-2.6-11. - Diversification requirement.
Section 27-2.6-12. - Policyholder treatment.
Section 27-2.6-13. - Duties of title insurers utilizing the services of title insurance agents.
Section 27-2.6-14. - Prohibition of rebate and fee splitting.
Section 27-2.6-15. - Favored agent of title insurer.
Section 27-2.6-16. - Premium rate filings and standards.
Section 27-2.6-17. - Form filing.
Section 27-2.6-18. - Filing by rating bureaus.
Section 27-2.6-19. - Penalties and liabilities.
Section 27-2.6-20. - Violations of the Real Estate Settlement Procedures Act (RESPA).