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DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 1. THE CONTRACT 100-679.74›CHAPTER 1. Classes of Insurance 100-124.5

§ 119

California Insurance Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Added by Stats. 1961, Ch. 719.)

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California Insurance Code

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