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California Insurance Code

§ 119

INS § 119Div. 1 · Part 1 · Ch. 1

Statute text

View on leginfo.ca.gov
Mortgage guaranty insurance includes insurance against financial loss by reason of the 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 constituting a lien or charge on real estate.

Legislative history

Added by Stats. 1961, Ch. 719.

Source: California Insurance Code § 119 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.