16a-4-102. (UCCC) Scope.

16a-4-102

Chapter 16a.--CONSUMER CREDIT CODE
Part 1 INSURANCE IN GENERAL
Article 4.--INSURANCE

      16a-4-102.   (UCCC) Scope. (1) Except as provided in subsection (2), this article applies to insurance provided or to be provided in relation to a consumer credit transaction.

      (2)   The provision on cancellation by a creditor (section 16a-4-304) applies to loans the primary purpose of which is the financing of insurance. No other provision of this article applies to insurance so financed.

      History:   L. 1973, ch. 85, § 62; Jan. 1, 1974.