Alabama § 8-37A-3 Motor Vehicle Value Protection Agreements; Administration; Agreement to Be Provided

Alabama Statutes

§ 8-37A-3 — Motor Vehicle Value Protection Agreements; Administration; Agreement to Be Provided

Alabama § 8-37A-3

Title 8Commercial Law and Consumer Protection

Ch. 37AMotor Vehicle Value Protection Agreements

This text of Alabama § 8-37A-3 (Motor Vehicle Value Protection Agreements; Administration; Agreement to Be Provided) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 8-37A-3 (2026).

Text

(a)A motor vehicle value protection agreement may be offered, sold, or provided to a borrower or lessor under this chapter.

(b)A provider may use an administrator or other designee to be responsible for all or part of the administration of motor vehicle value protection agreements in compliance with this chapter. A provider may act as an administrator or retain the services of a third-party administrator.

(c)A motor vehicle value protection agreement shall not be sold unless the contract holder is provided a copy of the agreement.

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(a) A motor vehicle value protection agreement may be offered, sold, or provided to a borrower or lessor under this chapter.
(b) A provider may use an administrator or other designee to be responsible for all or part of the administration of motor vehicle value protection agreements in compliance with this chapter. A provider may act as an administrator or retain the services of a third-party administrator.
(c) A motor vehicle value protection agreement shall not be sold unless the contract holder is provided a copy of the agreement.