§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]