§431:10B-112 Existing insurance and choice of insurer. When credit life insurance or credit disability insurance is required as additional security for any indebtedness, the creditor shall give the debtor written notice of the debtor's option to furnish the required insurance through existing policies of insurance owned or controlled by the debtor or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business in this State. [L 1987, c 347, pt of §2]
Section: Previous 431-10b-105 431-10b-106 431-10b-107 431-10b-108 431-10b-109 431-10b-110 431-10b-111 431-10b-112 431-10b-113 431-10b-114 431-10c-101 431-10c-102 431-10c-103 431-10c-103.5 431-10c-103.6 NextLast modified: October 27, 2016