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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