SB0040 (CH0041)

Find a 2017 Bill:

2017 Regular Session



Title Insurance Producers - Licensing of Business Entities and On-Site Reviews

Sponsored by:

Chair, Finance Committee


Approved by the Governor - Chapter 41

Synopsis:Altering a specified prohibition on converting or misappropriating specified trust money; requiring specified controlling persons and specified trust money controllers to hold a license to act as a title insurance producer and, if applicable, a specified appointment; altering the requirements for a license as a title insurance producer if the applicant is a business entity; requiring the Maryland Insurance Commissioner to make a specified investigation under specified circumstances; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
Additional Facts:Bill File Type: Pre-Filed
Effective Date(s): October 1, 2017
By Request of the Governor
Finance  View Committee HearingEconomic Matters  View Committee Hearing
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Insurance Administration
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Real Estate -see also- Agents and Brokers
Real Property
Settlement Procedures
Statutes:Article - Insurance
(10-101, 10-121)

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November 28, 2017 1:08 P.M.