A title insurance company may

(1) do business as defined in Alaska Stat. § 21.66.480;

Terms Used In Alaska Statutes 21.66.180

  • Contract: A legal written agreement that becomes binding when signed.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(2) do any act, directly or through a title insurance limited producer, incidental to making a contract or policy of title insurance, including conducting or holding an escrow, settlement, or closing of a transaction; and
(3) provide other services relative or incidental to the sale and transfer of real or personal property.
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