Every domestic title insurer may issue title policies and may also insure:
(a) The identity, due execution, and validity of any note or bond secured by mortgage.
(b) The identity, due execution, validity and recording of any such mortgage.
(c) The identity, due execution and validity of evidences of indebtedness issued by this State, or by any political subdivision or district therein, or by any private or public corporation.
(Enacted by Stats. 1935, Ch. 145.)