20-473. Obligation of mortgagee to furnish
mortgagor copies of insurance policy


Whenever the mortgagee or a person acting for the mortgagee, by the terms of the
mortgage agreement retains possession of the original policy of insurance insuring
collateral security for a mortgage, and the mortgagee or his agent has procured the
issuance of the insurance, then such mortgagee or his agent shall furnish the borrower,
mortgagor or purchaser with a copy of the insurance policy.