NY S02668 | 2011-2012 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 28 2011 - 25% progression, died in committee
Action: 2011-01-28 - REFERRED TO INSURANCE
Pending: Senate Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 28 2011 - 25% progression, died in committee
Action: 2011-01-28 - 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.
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
Sen. Carl Kruger [D] |
History
Date | Chamber | Action |
---|---|---|
2011-01-28 | Senate | REFERRED TO INSURANCE |