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Alaska Statutes.
Title 21. Insurance
Chapter 12. Kinds of Insurance, Limits of Risk, and Reinsurance
Section 110. Mortgage Guaranty Insurance Defined.
previous: Section 100. Title Insurance Defined. [Repealed, Sec. 8 Ch 120 SLA 1974. For Current Law See AS 21.66.480
next: Section 120. [Renumbered as AS 21.12.020

AS 21.12.110. Mortgage Guaranty Insurance Defined.

Mortgage guaranty insurance includes insurance against financial loss by reason of 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 consisting of a lien or charge on real estate.

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Last modified 9/3/2005