Section 3953.36 | Dissolution or termination of a joint venture title insurance agency.
Effective:
July 21, 2022
Latest Legislation:
Senate Bill 256 - 134th General Assembly
For a title agency that is a joint venture that is set to dissolve or terminate on a specified date, all members of that joint venture shall be allowed or invited to join any successor joint ventures formed upon dissolution or termination of the original joint venture, and the percentage of ownership in any successor joint venture shall not be based on the percentage of title insurance business referred to the original joint venture.
Last updated June 8, 2022 at 1:20 PM
Available Versions of this Section
- September 30, 2021 – Enacted by House Bill 110 - 134th General Assembly [ View September 30, 2021 Version ]
- July 21, 2022 – Amended by Senate Bill 256 - 134th General Assembly [ View July 21, 2022 Version ]