Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 1. General Provisions |
ARTICLE 2. Insurance Classified and Defined |
SECTION 38.2-128. Mortgage guaranty insurance |
"Mortgage guaranty insurance" means indemnifying lenders against financial loss arising from nonpayment of principal, interest, or other sums due under the terms of any evidence of indebtedness secured by a mortgage, deed of trust, or other instrument constituting a lien or charge on real property. 1986, c. 562. |