NAC692A.100. Termination of appointment of title agent or employment of escrow officer.

When a title insurer or a title agent which is a firm or corporation terminates the appointment of a title agent or the employment of an escrow officer, he or she shall promptly submit to the Commissioner written notice of the effective date of the terminations and may be required by the Commissioner:

     1. To submit proof that he or she has given, if possible, written notice to the title agent or escrow officer; and

     2. Upon written request, to file a statement of the cause, if any, for the termination.

     (Added to NAC by Comm’r of Insurance, eff. 6-23-86)