Ga. Comp. R. & Regs. R. 120-2-3-.44 - Resident Title Agent License
(1) Upon application to the Commissioner on
the required form, accompanied by the required fee, a license to sell title
insurance shall be issued to any resident provided that
(a) The individual meets the requirements for
an agent license under Chapter 23 of Title 33 of the Official Code of Georgia
Annotated and this Regulation;
(b)
The application process shall include sponsorship by an insurer authorized to
do business in this state. Prior to issuance of the license, the sponsor shall
agree to appoint the applicant as a representative of the company. The sponsor
shall affirm that an investigation on the general character of the applicant
has been conducted by an agency not affiliated with the insurer and that the
sponsor recommends the applicant for a license. Such investigation shall
include a criminal background check.
(c) Effective January 1, 2010, the
application process for an agent license will no longer require sponsorship by
an insurer. Upon issuance of the agent license, the licensee must obtain a
certificate of authority from each insurer that they will represent.
(d) Effective January 1, 2010, all new
applicants, excluding active licensees and individuals that apply for
reinstatement within 6 months of expiration date, shall be required to submit
electronic fingerprints through a vendor selected by the Department for a
criminal background check. The applicant shall bear the cost for electronic
fingerprinting.
(2) No
prelicensing education or examination shall be required.
(3) Each year by the dates specified in Rule
120-2-3-.16 of this Regulation,
license renewals, accompanied by the required fees, must be filed on forms
prescribed by the Commissioner.
(4)
No continuing education shall be required for this license.
Notes
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