Bulletin: SD2016002

Date:
April 12, 2016
To:
All South Dakota Issuing Offices
RE:
RATES AND/OR FORMS UPDATE - New South Dakota Rate Manual

Dear Associates:

Please be advised that a new All Inclusive Rate Manual of Charges and Forms has been filed with the State of South Dakota and approved for use effective April 8, 2016, a copy of which is attached for your convenience. 

PLEASE NOTE: Rates cannot be taken from different manuals. Either the risk rate or the all-inclusive rate may be used. If you choose to use the all-inclusive rate, please contact your Agency Manager to obtain a contract amendment prior to use. 

Please contact PropertyInfoCustomerCare or your title production software vendor to have the new rates and/or forms added to your production system.  

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.

THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER  AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.

References

Bulletins Replaced:
None
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None