The purpose of the Liaison Committee is to work and cooperate with the IDAHO Department of Insurance and with other real estate related associations, or their appropriate committee or committees, in order to further a more complete understanding of the business of title insurance; to promote sound legislation and regulation; to prevent unsound legislation and regulation; and, to accomplish other desirable, lawful objectives, with the understanding that any undertaking or agreement on behalf of the Association shall be subject to ratification by the Board.