20-1544. Limitation on advertising
A mortgage guaranty insurance company or any agent or representative of a mortgage
guaranty insurance company shall not prepare or distribute or assist in preparing or
distributing any brochure, pamphlet, report or any form of advertising to the effect that
the real estate investments of any financial institution are "insured investments",
unless the brochure, pamphlet, report or advertising clearly states that the loans are
insured by mortgage guaranty insurance companies possessing a certificate of authority to
transact mortgage guaranty insurance in this state or are insured by an agency of the
federal government.
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