16a-4-105. (UCCC) Conditions applying to insurance to be provided by creditor.

16a-4-105

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

      16a-4-105.   (UCCC) Conditions applying to insurance to be provided by creditor. If a creditor agrees with a consumer to provide insurance

      (1)   the insurance shall be evidenced by an individual policy or certificate of insurance delivered to the consumer, or sent to him at his address as stated by him, within thirty (30) days after the term of the insurance commences under the agreement between the creditor and consumer; or

      (2)   the creditor shall promptly notify the consumer of any failure or delay in providing the insurance.

      History:   L. 1973, ch. 85, § 65; Jan. 1, 1974.