1     
CONTROLLED BUSINESS IN TITLE INSURANCE REPEAL

2     
2019 GENERAL SESSION

3     
STATE OF UTAH

4     
Chief Sponsor: Daniel Hemmert

5     
House Sponsor: Mike Schultz

6     

7     LONG TITLE
8     General Description:
9          This bill repeals provisions related to title insurance.
10     Highlighted Provisions:
11          This bill:
12          ▸     repeals provisions of the Insurance Code that prohibit title business referrals from
13     certain persons who have a financial interest in the title insurance entity to which
14     the person refers the title business.
15     Money Appropriated in this Bill:
16          None
17     Other Special Clauses:
18          None
19     Utah Code Sections Affected:
20     REPEALS:
21          31A-23a-503, as last amended by Laws of Utah 2013, Chapter 319
22     

23     Be it enacted by the Legislature of the state of Utah:
24          Section 1. Repealer.
25          This bill repeals:
26          Section 31A-23a-503, Controlled business in title insurance.