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The Florida Statutes

The 1998 Florida Statutes

Title XXXVII
INSURANCE
Chapter 627
Insurance Rates And Contracts
View Entire Chapter

627.791  Penalties against title insurers for violations by persons or entities not licensed.--A title insurer is subject to the penalties in ss. 624.418(2) and 624.4211 for any violation of a lawful order or rule of the department, or for any violation of this code, committed by:

(1)  A person, firm, association, corporation, cooperative, joint-stock company, or other legal entity not licensed under this part when issuing and countersigning binders, commitments, policies of title insurance, or guarantees of title on behalf of the title insurer.

(2)  An attorney when issuing and countersigning binders, commitments, policies of title insurance, or guarantees of title on behalf of the title insurer.

History.--s. 23, ch. 85-185; s. 1, ch. 86-286; ss. 106, 114, ch. 92-318.