Insurance Law 6401 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search up ARTICLE 64 Title Insurance Corporations next SECTION 6402 Organization; financial requirements Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 6401 Definitions Insurance (ISC) CHAPTER 28, ARTICLE 64 § 6401. Definitions. In this article, the following definitions apply except as otherwise specified: (a) "Title insurance corporation" means a corporation exercising any of the powers described in paragraph one or two of subsection (b) of section six thousand four hundred three of this article. (b) "Title insurance policy" means any policy or contract insuring or guaranteeing the owners of real property and chattels real and other persons interested therein, or having liens thereon, against loss by reason of encumbrances thereon and defective titles.