20-1580. Title insurance agents to be
licensed
A. Title insurance agents shall be licensed by the director. Application for
license shall be made on forms approved by the director, and the director shall issue a
license upon completion and filing the application and payment of the license fee
specified in section 20-167.
B. Licenses of title insurance agents shall expire quadrennially at midnight on the
last day of the same month four years after the license was issued or renewed unless
sooner terminated by the withdrawal by the insurer of authority in the agent, or unless
revoked by the director.
C. Title insurance agents' licenses shall be renewed quadrennially on the filing of
an application containing such information as the director deems necessary.
D. The director may grant a temporary license to a corporation or limited liability
company that is qualified for licensing as a title insurance agent. The license shall
remain in force and effect for a period of six months. If the applicant fails to qualify
for a regular title insurance agent's license as provided in this section, no renewal or
extension may be granted.
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