Alabama Code (Last Updated: November 28, 2014) |
Title35 PROPERTY. |
Chapter10. MORTGAGES. |
Article5. Alabama Residential Mortgage Satisfaction Act. |
§35-10-93. Service as a satisfaction agent.
Latest version.
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(a) Only a title insurance company or an attorney licensed in this state acting as the agent of and for a title insurance company pursuant to a certificate of authority and within the scope of his or her agency agreement with a title insurance company may serve as a satisfaction agent pursuant to this article.
(b) This article does not require a title insurance company to agree to serve as a satisfaction agent or any attorney or other agent to act on behalf of a title insurance company.