Arkansas Statutes

§ 23-62-110 — Mortgage guaranty insurance

Arkansas·Title 23
As used in the Arkansas Insurance Code, "mortgage guaranty insurance" means insurance that insures lenders against financial loss by reason of nonpayment of principal, interest, or other sums agreed to be paid under the terms of any note, bond, or other evidence of indebtedness secured by a mortgage, deed of trust, or other instrument constituting a lien or charge on improved real estate.

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Arkansas § 23-62-110 (Mortgage guaranty insurance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2005, No. 506, § 10.

Nearby Sections

15
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