§ 58-26-1 Purpose of organization; formation; insuring closing services; premium rates; combined premiums for lenders’ coverages
§ 58-26-5 Certificate of authority to do business
§ 58-26-6 Exemption for policies issued on property affected by boundary certification
§ 58-26-10 Financial statements and licenses required
§ 58-26-15 Limitation of risk
§ 58-26-20 Statutory premium reserve
§ 58-26-25 Amount of unearned statutory premium reserve
§ 58-26-45 Registration as a lien agent
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Terms Used In North Carolina General Statutes > Chapter 58 > Article 26 - Real Estate Title Insurance Companies

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3