- (1) The purpose of this rule is to specify the type of depository account that a title insurance company, an agency title insurance producer, or an individual title insurance producer shall use for depositing trust funds.
(2) This rule applies to:
- (a) a title insurance company;
- (b) an agency title insurance producer;
- (c) or an individual title insurance producer; and
- (d) an employee, representative, or any other party working for or on behalf of a title insurance company, an agency title insurance producer, or an individual title insurance producer, whether as a full-time or part-time employee or as an independent contractor.
KEY: insurance, title
Date of Last Change: December 23, 2021
Notice of Continuation: February 9, 2026
Authorizing, and Implemented or Interpreted Law: 31A-2-201(3)(a); 31A-2-201(1); 31A-23a-409(2)(b)