SB456 Alabama 2015 Session

Summary

Primary Sponsor

Greg AlbrittonSenator

Republican

Session

Regular Session 2015

Title

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

Summary

SB456 would exempt licensed Alabama attorneys from needing a separate title insurance agent license.

What This Bill Does

It amends Section 27-25-3 to explicitly exclude attorneys licensed by the Alabama State Bar from licensure as title insurance agents. Licensed attorneys would be exempt from licensure or regulation under the title insurance chapter, meaning they can perform title agent duties without obtaining a separate title agent license. The definition of 'title agent' is updated to reflect that attorneys licensed by the Alabama State Bar are not required to be licensed as title agents. The act would take effect immediately after being signed by the Governor.

Who It Affects

• Licensed attorneys in Alabama: they would no longer need a separate title insurance agent license and would be exempt from regulation under this chapter.
• Title insurers and their operations: they could rely on licensed attorneys to perform title agent duties without obtaining additional title agent licensure, potentially changing regulatory oversight under the Insurance Department.

Key Provisions

• Amends Section 27-25-3 to exempt licensed attorneys from licensure as title insurance agents.
• Explicitly excludes Alabama-licensed attorneys from the definition of 'title agent' and states they are exempt from licensure or regulation under the title insurance chapter.
• Effective date: the act becomes effective immediately upon the Governor's approval.

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