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17:46B-11. Prohibition upon guaranteeing mortgages and completion |
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New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE |
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17: 46B-11. Prohibition upon guaranteeing mortgages and completion 17: 46B-11. Prohibition upon guaranteeing mortgages and completion A title insurance company shall not, in any manner whatsoever, guarantee the payment of the principal or the interest of bonds or other obligations secured...
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by mortgages upon real property; nor shall a title insurance company, in any manner whatsoever guarantee the completion of any building, structure or project. L.1975, c. 106, s. 11, eff. May 29, 1975....
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