2007 Regular Session
By: Representative Baker (74th)
AN ACT TO AMEND SECTION 83-15-3, MISSISSIPPI CODE OF 1972, TO REQUIRE LICENSURE OF AGENTS WRITING TITLE INSURANCE; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 83-15-3, Mississippi Code of 1972, is amended as follows:
83-15-3. The commissioner shall annually license such companies and agents as issue policies of title insurance or contracts of guaranty and issue continuous agent certificates as prescribed in Sections 83-5-73 and 83-17-5, Mississippi Code of 1972, and shall have the same power and authority to visit and examine such companies and agents as he has in the case of domestic insurance companies. But persons * * * who are practicing attorneys at law may act as agent for any such company without additional license.
SECTION 2. This act shall take effect and be in force from and after July 1, 2007.