New York § 6506 Advertising

New York Statutes

§ 6506 — Advertising

New York § 6506

Law ISCInsurance

Art. 65Mortgage Guaranty Insurance Companies

This text of New York § 6506 (Advertising) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Insurance § 6506 (2026).

Text

  § 6506. Advertising. No regulated mortgage investor, any of whose\nauthorized real estate securities are insured by mortgage guaranty\ninsurance pursuant to this article may state in any form of report or\nadvertising that the real estate loans of the investor are "insured\nloans" unless the report or any form of advertising also clearly states\nthat the loans are insured by private insurers and the names of such\ninsurers are given. A regulated mortgage investor also shall not make\nany such statement unless such insurance is by a company authorized to\ntransact mortgage guaranty insurance business in this state.\n

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§ 6506. Advertising. No regulated mortgage investor, any of whose\nauthorized real estate securities are insured by mortgage guaranty\ninsurance pursuant to this article may state in any form of report or\nadvertising that the real estate loans of the investor are "insured\nloans" unless the report or any form of advertising also clearly states\nthat the loans are insured by private insurers and the names of such\ninsurers are given. A regulated mortgage investor also shall not make\nany such statement unless such insurance is by a company authorized to\ntransact mortgage guaranty insurance business in this state.\n