TITLE 50: INSURANCE
CHAPTER V: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 8100 TITLE INSURANCE ACT
SECTION 8100.245 DEFINITION OF THE TERM "NET RETAINED LIABILITY" AS USED IN SECTIONS 8.(A) AND 11.(C)(2) OF THE ACT
CHAPTER V: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 8100 TITLE INSURANCE ACT
SECTION 8100.245 DEFINITION OF THE TERM "NET RETAINED LIABILITY" AS USED IN SECTIONS 8.(A) AND 11.(C)(2) OF THE ACT
Section 8100.245 Definition of the term "Net Retained Liability" as Used in Sections 8.(a) and 11.(c)(2) of the Act
The term "Net Retained Liability" as used in Sections 8.(a) and 11.(c)(2) of the Act shall mean the total liability retained by a title insurance company for a single risk, after taking into account the deduction for ceded liability, if any.