HB303 Alabama 2015 Session

Summary

Primary Sponsor

Paul Beckman

Republican

Session

Regular Session 2015

Title

Title Insurance, agents, attorneys exempt from licenses by Insurance Department, Sec. 27-25-3 am'd.

Summary

HB303 would exempt licensed Alabama attorneys from needing a title insurance agent license.

What This Bill Does

Currently, attorneys who act as title insurance agents must also be licensed by the Alabama Department of Insurance. The bill would remove attorneys from the required title agent licensure category, making them exempt from licensure or regulation under this chapter. This means attorneys who practice law and handle title work could perform those duties without a separate title agent license, and the change would take effect immediately after the bill becomes law.

Who It Affects

• Licensed attorneys in Alabama who perform title work: exempt from needing a separate title insurance agent license.
• Title insurance companies and their attorney-agents: their attorney-agents would be exempt from the state title agent licensure requirements.

Key Provisions

• Exempts licensed attorneys from licensure as title insurance agents under Section 27-25-3.
• Explicitly states that title agent does not include attorneys licensed by the Alabama State Bar; licensed attorneys are exempt from licensure or regulation under this chapter.
• Amends Section 27-25-3 and adds related definitions to reflect the exemption.
• The act becomes effective immediately following passage and the Governor's approval (i.e., upon becoming law).

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Attorneys