Legislation
SECTION 2340
Credit property insurance
Insurance (ISC) CHAPTER 28, ARTICLE 23
§ 2340. Credit property insurance. (a) The superintendent may
promulgate regulations covering the business of credit property
insurance.
(b) "Credit property insurance" means insurance against loss of or
damage to personal property covering a creditor's security interest in
such property when insurance is written as a part of a credit
transaction.
promulgate regulations covering the business of credit property
insurance.
(b) "Credit property insurance" means insurance against loss of or
damage to personal property covering a creditor's security interest in
such property when insurance is written as a part of a credit
transaction.