Section 27-2.6-15 Favored agent of title insurer.

RI Gen L § 27-2.6-15 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§ 27-2.6-15. Favored agent of title insurer. A title insurer shall not participate in any transaction in which it has actual knowledge that a producer or other person requires, directly or indirectly, or through any trustee, director, officer, agent, employee or affiliate, as a condition, agreement or understanding to selling or furnishing any other person a loan, or loan extension, credit, sale, property, contract, lease or service, that the other person shall place a title insurance policy of any kind with the title insurer or through a particular title insurance agent.

History of Section. (P.L. 2010, ch. 58, § 1; P.L. 2010, ch. 66, § 1.)