§481R-11 - Limitations on use of warrantor's name.

     [§481R-11]  Limitations on use of warrantor's name.  (a)  A warrantor shall not use:

     (1)  In its name, the word "casualty", "surety", "insurance", or "mutual" or any other word descriptive of the casualty, insurance, or surety business; or

     (2)  A name deceptively similar to the name or description of any insurance company, surety corporation, or other warrantor.

     (b)  A warrantor may use the word "guaranty" or a similar word in the warrantor's name. [L 2002, c 237, pt of §1]