38.2-128 - Mortgage guaranty insurance.
§ 38.2-128. Mortgage guaranty insurance.
"Mortgage guaranty insurance" means indemnifying lenders against financialloss arising from nonpayment of principal, interest, or other sums due underthe terms of any evidence of indebtedness secured by a mortgage, deed oftrust, or other instrument constituting a lien or charge on real property.
(1986, c. 562.)