A title insurer shall not participate in any transaction in which it has actual knowledge that a producer or other person requires, directly or indirectly, or through any trustee, director, officer, agent, employee, or affiliate, as a condition, agreement, or understanding to selling or furnishing any other person a loan, or loan extension, credit, sale, property, contract, lease, or service, that the other person shall place a title insurance policy of any kind with the title insurer or through a particular title insurance agent.
R.I. Gen. Laws § 27-2.6-15
Favored agent of title insurer
Known as the Rhode Island Title Insurers Act
The act spans §§ 27–27 (21 sections).
P.L. 2010, ch. 58, § 1; P.L. 2010, ch. 66, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.