What is a Tennessee Title Insurance Producer Bond?
A surety bond is required for those having applied to the Insurance Commissioner of the State of Tennessee for a license as a Title Insurance Agent pursuant to Title 56, Chapter 35, Tennessee Code Annotated. The surety bond obligates the Title Insurance Agent to operate in full compliance with Tennessee insurance laws and properly account for and pay all funds belonging to other individuals which may come into the possession of the principal through insurance transactions under his Title Insurance Agent's license.
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