{"data":{"id":"us-ky/krs-304.22-030","jurisdiction":"us-ky","citation":"KRS 304.22-030","heading":"Powers of title insurer.","body":"A title insurer shall have corporate powers as set forth in KRS 271B.3 -020, and in\naddition shall have power to:\n(1) Examine titles to real estate and chattels real and personal, and to procure and\nfurnish information relative thereto.\n(2) Make and guarantee the correctness of searches of all instruments, liens, or changes\naffecting the titles set out in subsection (1) of this section.\n(3) Make insurance of every kind pertaining to or connected with titles to real estate\nand chattels real and personal; and to make and issue such policies and other\ninstruments as may be required to insure owners of real estate and chattels real and\npersonal, mortgages, and others having an interest therein, from loss by reason of\nliens, encumbrances, and defective titles.\n(4) Act as trustee under mortgages or deeds of trust executed to secure payment of\nbonds where the title to the real estate and chattels real and personal included in the\nmortgage or deed of trust has been examined and approved by the insurer; to act as\nagent in fact for investors in, and the holders of mortgages or deeds of trust or\nbonds, notes or other evidences of indebtedness mentioned in Subtitle 7, in the\npurchase, sale and servicing thereof.\n(5) To acquire and hold, subject to Subtitle 7, such real est ate and chattels real and\npersonal as may be necessary or convenient for the conduct of its business,\nincluding real estate and chattels real and personal taken in satisfaction of debts due\nthe insurer or by subrogation under its guaranties or insurance, a nd to sell, lease,\npledge, mortgage and convey such property.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29526","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:50Z","sha256":"5f81405f881f8909d71dd5b10170f74072da96af28f5e07dc755acddb80cc00d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.22-020","next":"us-ky/krs-304.22-040"},"notice":"GroundRules: Original legal text. Not legal advice."}