New Jersey Statutes
§ 17:46B-11 — Prohibition upon guaranteeing mortgages and completion
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
A title insurance company shall not, in any manner whatsoever, guarantee the payment of the principal or the interest of bonds or other obligations secured by mortgages upon real property; nor shall a title insurance company, in any manner whatsoever guarantee the completion of any building, structure or project. L.1975, c. 106, s. 11, eff. May 29, 1975.
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New Jersey § 17:46B-11 (Prohibition upon guaranteeing mortgages and completion) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 17:46B-1
Certain words defined§ 17:46B-10
Power to insure titles to real estate§ 17:46B-13
Prohibition against the practice of law§ 17:46B-14
Statutory premium reserve§ 17:46B-16
Maintenance of the statutory premium reserve§ 17:46B-18
Reserve for unpaid losses and loss expense§ 17:46B-19
Net retained liability§ 17:46B-2
Short title.§ 17:46B-20
Power to reinsure§ 17:46B-21
Minimum capital