Insurance Law 6506 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 6505 Licensing of agents up ARTICLE 65 Mortgage Guaranty Insurance Companies next SECTION 6507 Reinsurance Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 6506 Advertising Insurance (ISC) CHAPTER 28, ARTICLE 65 § 6506. Advertising. No regulated mortgage investor, any of whose authorized real estate securities are insured by mortgage guaranty insurance pursuant to this article may state in any form of report or advertising that the real estate loans of the investor are "insured loans" unless the report or any form of advertising also clearly states that the loans are insured by private insurers and the names of such insurers are given. A regulated mortgage investor also shall not make any such statement unless such insurance is by a company authorized to transact mortgage guaranty insurance business in this state.