Section 26-A4101. SCOPE OF CHAPTER  


Latest version.
  • 4101.1This chapter applies to all kinds and classes of insurance that insure or guarantee:

    (a) Titles to real or leasehold property or an estate in real or leasehold property;

     

    (b) Against loss by reason of defects, encumbrances, liens, or charges on real or leasehold property or an estate in real or leasehold property;

     

    (c) The validity, priority, and status of liens on real or leasehold property or an estate in real or leasehold property; or

     

    (d) The correctness and sufficiency of searches for instruments, liens, charges, or other matters affecting the title to real or leasehold property or an estate in real or leasehold property.

     

    4101.2 This chapter applies to a person that makes guarantees or issues insurance described in subsection 4101.1(a) of this section.

     

authority

The Acting Commissioner of the Department of Insurance, Securities and Banking, pursuant to the authority set forth in section 2164 of the Fiscal Year 2011 Budget Support Act of 2010, effective September 24, 2010 (D.C. Law 18-223; 57 DCR 6242) (“Title Insurance Insurer Act of 2010”).

source

Notice of Emergency and Proposed Rulemaking published at 57 DCR 12276 (December 24, 2010)[EXPIRED]; as amended by Notice of Final Rulemaking published at 58 DCR 2487 (March 18, 2011).