| Last Action | recommitted to Banking & Insurance (S) |
|---|---|
| Title | AN ACT relating to title insurance. |
| Bill Documents |
Bill
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| Bill Request Number | 1216 |
| Sponsors | J. Greer, S. Riggs |
| Summary of Original Version | Create new sections of Subtitle 9 of KRS Chapter 304 to define terms; require title insurance agents to be licensed by the Department of Insurance; require a title insurance agent to provde a good-faith estimate of the premium upon the issuance of a title insurance commitment for a specified dollar amount; allow the commissioner to promulgate administrative regulations; amend KRS 304.9-030 to include title insurance as a type of insurance for which an agent may receive a qualification; amend KRS 304.22-030 to conform. |
| Index Headings of Original Version |
Effective Dates, Delayed - Title insurance agents, licensing of, January 1, 2017 Insurance - Title insurance agents, licensing of Licensing - Title insurance agents, licensing of |
| Proposed Amendments | House Committee Substitute 1 |
| Votes | Vote History |
| 02/04/16 |
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| 02/08/16 |
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| 02/10/16 |
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| 02/11/16 |
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| 02/16/16 |
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| 02/17/16 |
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| 02/19/16 |
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| 03/15/16 |
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| 03/16/16 |
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| 03/17/16 |
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| 03/18/16 |
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| 03/21/16 |
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| 03/24/16 |
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| 03/25/16 |
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| 03/28/16 |
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| Amendment | House Committee Substitute 1 |
|---|---|
| Summary | Create new sections of Subtitle 9 of KRS Chapter 304 to define terms; require title insurance agents to be licensed by the Department of Insurance; require a title insurance agent to provide a good-faith estimate of the premium upon the issuance of a title insurance commitment for a specified dollar amount; allow the commissioner to promulgate administrative regulations; amend KRS 304.9-030 to include title insurance as a type of insurance for which an agent may receive a qualification; amend KRS 304.22-030 to conform. |
| Index Headings |
Effective Dates, Delayed - Title insurance agents, licensing of, January 1, 2017 Insurance - Title insurance agents, licensing of Licensing - Title insurance agents, licensing of |
Last updated: 1/16/2019 3:08 PM (EST)