It shall be unlawful for any abstractor as an inducement to obtaining any business, to pay, rebate, or deduct any portion of or to permit any deduction from a charge made for making, extending, or certifying an abstract of title, to:

1. 1. any owner, mortgagee, or lessee of the real property covered by the abstract of title, or of any right, title, or interest in or lien upon the same; and
2. 2. any principal, broker, agent, or attorney in connection with a sale or lease of real property or the making or obtaining of a loan thereon in which an abstract of title is required, used, or furnished; and

3. 3. any spouse, child, employee, ward, officer, director, subsidiary, affiliate, parent, relative within the fifth degree, personal representative, or partner of any person, firm, or corporation included in this section.

   All charges for abstracts and abstracting shall be separately stated and shall not be combined with title insurance, closing fees or examination charges, shall be uniform for all abstracts of whatsoever kind or nature, whether the abstract is prepared for use by the abstractor or for others purchasing abstracts from the abstractor; and any other charge therefor shall be unlawful.

Laws 1984, HB 1805, c. 163, § 19, eff. November 1, 1984.