§ 58-26-10. Financial statements and licenses required. - North Carolina Statutes

§ 58‑26‑10. Financial statements and licenses required.

Title insurance companies aresubject to G.S. 58‑2‑131, 58‑2‑132, 58‑2‑133,58‑2‑134, 58‑2‑165, 58‑2‑180, and 58‑6‑5.The Commissioner may require title insurance companies to separately reporttheir experience in insuring titles and in insuring closing services. Thelicense to do business in this State issued to a title insurance company shallcontinue in full force and effect, subject to timely payment of the annuallicense continuation fee in accordance with G.S. 58‑6‑7 and subjectto any other applicable provisions of the insurance laws of this State. TheCommissioner shall annually license the agents of title insurance companies. (1899, c. 54, s. 38; 1901, c.391, s. 3; Rev., s. 4745; C.S., s. 6397; 1987, c. 625, ss. 4, 5; 1991, c. 720,s. 4; 1993, c. 504, s. 17; 1999‑132, s. 11.5; 2003‑212, s. 26(h).)