§ 27-2.6-14. Prohibition of rebate and fee splitting.
A title insurer or other person shall not give or receive, directly or indirectly, any consideration for the referral of title insurance business or escrow or other service provided by a title insurer. This section does not affect a title insurer’s ability to pay consideration to persons or entities who provide core services, as defined by the Real Estate Settlement Procedures Act (RESPA), 12 U.S.C. § 2607, as amended.
History of Section.
P.L. 2010, ch. 58, § 1; P.L. 2010, ch. 66, § 1.