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§2340 . Credit property insurance.
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(a) The superintendent may promulgate regulations covering the business of credit property insurance.
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(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. Source Data downloaded: 2009-04-19 12: 31: 28; Processed: 2009-05-08 15: 35: 56 |
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