Cal. Code Regs. Tit. 10, § 2510.17 - Assignments of Title to Mortgage Properties

Upon claim and foreclosure all titles to the mortgaged properties insured must be freely assignable to the mortgage guaranty insurer without any conditions, restrictions or limitations, whether contractual or otherwise, being imposed by any party who is or might be involved in any capacity under the pool insurance policy or the pool loan arrangement.

Notes

Cal. Code Regs. Tit. 10, § 2510.17

1. New section filed 8-23-78; effective thirtieth day thereafter (Register 78, No. 34).

1. New section filed 8-23-78; effective thirtieth day thereafter (Register 78, No. 34).