The bill amends the Arkansas Title Insurance Act to enhance the regulation of access to public records by title agents and title companies. It introduces new provisions that require city, county, or state governments, as well as government officials, to provide instruments of record affecting real property in electronic format if they maintain such records electronically. This access is granted to title insurance agents, agencies, and affiliated persons, ensuring that these records are provided without any watermarks or notations that do not appear on the original documents. Additionally, a reasonable fee of up to $150 per month may be charged for this service.

Furthermore, if the relevant government entities do not maintain records in electronic format, they are mandated to provide mechanical reproductions of the instruments of record to the same group of title insurance professionals. This amendment aims to streamline the process of accessing public records related to real property, thereby facilitating the work of title insurance agents and agencies in Arkansas.

Statutes affected:
Old version HB1367 V2 - 2-25-2025 09:34 AM: 23-103-417
Old version HB1367 V3 - 3-4-2025 10:34 AM: 23-103-417
Old version HB1367 V4 - 3-6-2025 09:26 AM: 23-103-417
Old version HB1367 Original - 2-3-2025 10:14 AM: 23-103-417
HB 1367: 23-103-417
Act 346: 23-103-417