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State Statutes - Idaho - Title 41 - Chapter 27 - 41-2704
Idaho Statutes
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41-2704 - APPLICATION OF ACT -- BUSINESS OF TITLE INSURANCE
The
provisions of chapter 27, title 41, Idaho Code, shall apply to all title
insurance companies, title insurance rating organizations, title insurance
agents, applicants for title insurance, policyholders and to all persons and
business entities engaged in the business of title insurance. The business of
title insurance shall include:
(1) the making, or proposing to make, as an insurer, guarantor or surety,
or proposing any contract or policy of title insurance, which shall include
all certificates, policies, binders, preliminary reports or other underwriting
contracts and indorsements;
(2) transacting or proposing to transact any phase of title insurance
including solicitations, negotiations preliminary to and execution of a
contract of title insurance, and matters subsequent to the issuance of such
contract;
(3) the performance of any act included herein by a title insurer or a
title insurance agent including, but not limited to, handling of escrows,
settlements or closing incident to any contract or policy of title insurance;
or
(4) the doing, or proposing to do, any business in substance equivalent
to any of the foregoing in the manner designated to evade the provisions of
this chapter.
 
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