Pre-licensing education for title insurers.
Effective Nov 5, 2013Mar. 27, 2003, D.C. Law 14-264, § 5b; as added Sept. 24, 2010, D.C. Law 18-223, § 2166(3), 57 DCR 6242; Nov. 5, 2013, D.C. Law 20-40, § 6(a), 60 DCR 12304
(a) The Commissioner may require, by rule, that an individual, not exempt under subsections (b), (c), or (d) of this section, complete a pre-licensing course of study before:
- (1) Taking the examination required by § 31-1131.05; or
- (2) Applying for an insurance producer license.
- (b) An attorney who holds a license to practice law in any state or the District of Columbia shall be exempt from pre-licensing course of study requirements and examination requirements.
- (c) An title agent insurance applicant who provides certification from a title insurance insurer that the agent has had signing authority on policies or title insurance commitments for the past 3 years relating to properties located within the District of Columbia shall be exempt from the pre-licensing course of study requirements and the examination requirements; provided, that the certification is submitted to the Commissioner within one year after September 24, 2010.
- (d) A full-time employee of a title insurer shall be exempt from the pre-licensing course of study requirement.
- (e) The District of Columbia Land Title Association, or other organization designated by the Commissioner by rule, shall provide to each individual whose duties will include selling, soliciting, or negotiating a title insurer’s limited line of title insurance in the District a program of instruction that is approved by the Commissioner. The insurer shall provide the program of instruction to the individual prior to the individual’s application for licensure as a limited lines insurance producer.
History
Mar. 27, 2003, D.C. Law 14-264, § 5b
as added Sept. 24, 2010, D.C. Law 18-223, § 2166(3), 57 DCR 6242
Nov. 5, 2013, D.C. Law 20-40, § 6(a), 60 DCR 12304
Emergency Legislation
For temporary (90 day) addition of section, see § 2166(3) of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542).
Effect of Amendments
The 2013 amendment by D.C. Law 20-40 substituted “may” for “shall” in the introductory language of (a).
Section References
This section is referenced in § 31-1131.05.