Section 21.57.120. Selection rights of insured.

Latest version.

When consumer credit insurance is required as additional security for a debt, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by the debtor or of procuring and furnishing the required coverage through an insurer authorized to transact an insurance business in this state.

Notes

History

(Sec. 1 ch 120 SLA 1966; am Sec. 91 ch 62 SLA 1995)

                    
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