515C.8 - POLICY FORMS APPROVED.
515C.8 POLICY FORMS APPROVED. All policy forms and endorsements shall be filed with and be subject to the approval of the commissioner of insurance. With respect to owner-occupied single family dwellings and owner-occupied mobile homes, the mortgage insurance policy shall provide that the borrower shall not be liable to the insurance company for any deficiency arising from a foreclosure sale.Section History: Early Form
[C66, 71, 73, 75, 77, 79, 81, § 515C.8]