515C.9 Restrictions on advertising.
No bank, savings association, insurance company, or other lending institution, any of whose authorized real estate securities are insured by mortgage guaranty insurance companies, may state in any brochure, pamphlet, report, or any form of advertising that the real estate loans of the bank, savings association, insurance company, or other lending institution are “insured loans” unless the brochure, pamphlet, report, or advertising also clearly states that the loans are insured by private insurers and the names of the private insurers are given and shall not make any such statement at all unless such insurance is by an insurer authorized to write this coverage in this state.
[C66, 71, 73, 75, 77, 79, 81, §515C.9]
2012 Acts, ch 1017, §99
Structure Iowa Code
Chapter 515C - MORTGAGE GUARANTY INSURANCE
Section 515C.2 - Eligibility for insurance.
Section 515C.3 - Bases for computations.
Section 515C.4 - Contingency reserve.
Section 515C.5 - Limit of outstanding liability.
Section 515C.6 - Determination of loss reserves.
Section 515C.7 - Rate-making provisions.
Section 515C.8 - Policy forms approved.
Section 515C.9 - Restrictions on advertising.
Section 515C.10 - Law applicable.
Section 515C.11 - Mortgages secured by first lien on real estate.