Section 21.12.110. Mortgage guaranty insurance defined.

Latest version.

Mortgage guaranty insurance includes insurance against financial loss by reason of nonpayment of principal, interest, and other sums agreed to be paid under the terms of any note or bond or other evidence of indebtedness secured by a mortgage, deed of trust, or other instrument consisting of a lien or charge on real estate.

Authorities

21.14.200

Notes

References

AS 21.14.200 Definitions.

History

(Sec. 5 ch 206 SLA 1976)

                    
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