Text: H01446 Text: H01448 Text: H01400 - H01499 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend Senate File 425, as amended, passed, and
1 2 reprinted by the Senate, as follows:
1 3 #1. By striking everything after the enacting
1 4 clause and inserting the following:
1 5 "Section 1. Section 16.91, subsection 6, Code
1 6 2001, is amended to read as follows:
1 7 6. Prior to the issuance of a title guaranty, the
1 8 division shall require evidence that an abstract of
1 9 title to the property in question has been brought up-
1 10 to-date and certified by a participating abstractor in
1 11 a form approved by division rules and a title opinion
1 12 issued by a participating attorney in the form
1 13 approved in the rules stating the attorney's opinion
1 14 as to the title. The division shall require evidence
1 15 of the abstract being brought up-to-date and the
1 16 abstractor shall retain evidence of the abstract as
1 17 determined by the board. Pursuant to chapter 17A, the
1 18 division may establish standards for title searches
1 19 and underwriting procedures and requirements for the
1 20 issuance of a title guaranty policy if a title
1 21 guaranty has previously been issued on the property in
1 22 question."
1 23
1 24
1 25
1 26 COMMITTEE ON COMMERCE AND
1 27 REGULATION
1 28 HANSEN of Pottawattamie, Chairperson
1 29 SF 425.303 79
1 30 tm/gg
Text: H01446 Text: H01448 Text: H01400 - H01499 Text: H Index Bills and Amendments: General Index Bill History: General Index
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