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FL S1840
Bill
AI Summary
- Creates the Title Insurance Regulatory Trust Fund within the Division of Title Insurance of the Department of Financial Services
- Deposits all fees and charges collected from title insurers and title insurance agents and agencies into the trust fund for sole use of Division of Title Insurance operations
- Allows fund balances to remain in the trust fund at the end of each fiscal year rather than reverting to the general revenue fund
- Schedules the trust fund for termination on July 1, 2014, with mandatory review prior to termination unless terminated sooner
- Takes effect July 1, 2010, contingent upon passage of Senate Bill ___ or similar legislation in the same legislative session
Legislative Description
Title Insurance Regulatory Trust Fund/DFS [CPSC]
Last Action
Died in Committee on Banking and Insurance
4/30/2010
Committee Referrals
Banking and Insurance2/17/2010
Full Bill Text
No bill text available