Md. Code, Insurance § 22-101
This is the official text of Md. Code, Insurance § 22-101, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§22–101.
Official statutory text
(a) In this subtitle the following words have the meanings indicated.
(b) (1) “Abstract of title” means a representation of the state of title to property based on a review of the records that impart constructive notice relating to title to property in the State.
(2) “Abstract of title” includes a report of title and any other written or electronically created or preserved representation of the state of title to property.
(c) (1) “Title insurance commitment” means a written statement of the terms and conditions on which a title insurer is willing to issue a policy of title insurance if the title insurer accepts a premium for the policy.
(2) “Title insurance commitment” includes a binder.
(b) (1) “Abstract of title” means a representation of the state of title to property based on a review of the records that impart constructive notice relating to title to property in the State.
(2) “Abstract of title” includes a report of title and any other written or electronically created or preserved representation of the state of title to property.
(c) (1) “Title insurance commitment” means a written statement of the terms and conditions on which a title insurer is willing to issue a policy of title insurance if the title insurer accepts a premium for the policy.
(2) “Title insurance commitment” includes a binder.
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