§ 119
54 words·~1 min read·
/ca/insurance-code/119A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.