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Ala. Code § 35-10-93

Service as a Satisfaction Agent.

Known as the Alabama Residential Mortgage Satisfaction Act

The act spans §§ 35-10-90 to 35-10-98 (9 sections).

(Act 2012-278, p. 554, §4.)

(a) Only a title insurance company or an attorney licensed in this state acting as the agent of and for a title insurance company pursuant to a certificate of authority and within the scope of his or her agency agreement with a title insurance company may serve as a satisfaction agent pursuant to this article.

(b) This article does not require a title insurance company to agree to serve as a satisfaction agent or any attorney or other agent to act on behalf of a title insurance company.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.