NY S00338 | 2009-2010 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2009 - 25% progression, died in committee
Action: 2010-01-06 - REFERRED TO INSURANCE
Pending: Senate Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides for the licensure of authorized title insurance company agents and empowers the insurance department to administer all requirements relating thereto; requires the superintendent of insurance to develop an examination to test qualifications of an individual title insurance agent; exempts certain attorneys and title insurance agents; requires an initial and renewal fee of two hundred dollars for a two year license; relates to commissions of agent of title insurance companies; mandates all funds collected to be fiduciary funds.

Tracking Information

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Title

Provides for the licensure of authorized title insurance company agents and empowers the insurance department to administer all requirements relating thereto; requires the superintendent of insurance to develop an examination to test qualifications of an individual title insurance agent; exempts certain attorneys and title insurance agents; requires an initial and renewal fee of two hundred dollars for a two year license; relates to commissions of agent of title insurance companies; mandates all funds collected to be fiduciary funds.

Sponsors


History

DateChamberAction
2010-01-06 REFERRED TO INSURANCE
2009-01-07 REFERRED TO INSURANCE

New York State Sources


Bill Comments

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