2012 Rhode Island General Laws
Title 27 - Insurance
Chapter 27-2.6 - Rhode Island Title Insurers Act
Chapter 27-2.6-14 - Prohibition of rebate and fee splitting.
§ 27-2.6-14 Prohibition of rebate and fee splitting. – A title insurer or other person shall not give or receive, directly or indirectly, any consideration for the referral of title insurance business or escrow or other service provided by a title insurer. This section does not affect a title insurers ability to pay consideration to persons or entities who provide core services, as defined by Real Estate Settlement Procedures Act (RESPA), 12 U.S.C. § 2607, as amended.
History of Section.
(P.L. 2010, ch. 58, § 1; P.L. 2010, ch. 66, § 1.)
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