{"data":{"id":"us-ak/as-21.66.310","jurisdiction":"us-ak","citation":"AS 21.66.310","heading":"Rebates prohibited.","body":"(a) A title insurer, or officer, employee, attorney, or title insurance limited producer of a title insurer, may not pay, allow, or give or offer to pay, allow, or give, directly or indirectly, as an inducement to obtaining a title insurance business, a rebate, reduction, or abatement of a rate or charge made incident to the issuance of the title insurance, a special favor or advantage, money consideration, or other inducement. A charge made incident to the issuance of the insurance is construed to include, without limitation, escrow, settlement, and closing charges.\n(b) An insured named in a title insurance policy or any other person directly or indirectly connected with the transaction involving the issuance of a title insurance policy, including a mortgage lender, real estate broker, builder, or attorney, or an officer, employee, agent, representative, or solicitor of a mortgage lender, real estate broker, builder, attorney, or other person, may not knowingly receive or accept, directly or indirectly, a rebate, reduction, or abatement of a charge or premium or a special favor or advantage, or a monetary consideration or inducement.\n(c) Nothing in this section prohibits\n(1) the payment of fees for services actually rendered as a result of a title insurance transaction; or\n(2) the payment of a commission to a legally appointed title insurance limited producer who issues the policy of title insurance.","path":["Title 21. Insurance.","Chapter 66. Title Insurance Companies."],"source_url":"https://www.akleg.gov/basis/statutes.asp#21.66.310","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:17:40Z","sha256":"d828ad6af328a2a56789f577afdb4358c1d39f670759bc7010982ec01001deca","source_id":"us-ak","stale":false,"prev":"us-ak/as-21.66.300","next":"us-ak/as-21.66.330"},"notice":"GroundRules: Original legal text. Not legal advice."}