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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 46b: Certain words defined

      Section: 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 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.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:46b-11 (if available):



Court decisions that cite this statute: CLICK HERE.