TITLE 41

INSURANCE

CHAPTER 26

SURETY INSURANCE CONTRACTS

CHAPTER 26A

MORTGAGE GUARANTY INSURANCE

41-2656.  Advertising. No lending institution or lender, any of whose authorized real property securities are insured by mortgage guaranty insurance pursuant to this chapter, shall state in any form of advertising that the real property loans of the institution or lender are "insured loans" unless the advertising also clearly states that the loans are insured by private insurers named in the advertising; and no such advertising shall be published for dissemination in this state unless the insurer so advertised is authorized to transact such insurance by this state.

History:

[I.C., sec. 41-2656, as added by 1972, ch. 79, sec. 1, p. 159.]