California § 1812.400. 1812.400. (Added by Stats. 1983, Ch. 973, Sec. 1.)

California Statutes

§ 1812.400. — 1812.400. (Added by Stats. 1983, Ch. 973, Sec. 1.)

California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 2.9.·Part 4. TITLE 2.9. CREDITOR REMEDIES: DISABILITY INSURANCE

The Legislature finds and declares that it is unfair for a creditor who has directly participated in, arranged, or received a commission or other compensation for the sale of credit disability insurance to the debtor, or that creditor’s successor in interest, to invoke a creditor’s remedy because of a debtor’s nonpayment of any sum which has become due during a period of disability until a reasonable time has passed for the disability insurance claim to be filed, verified and processed.

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The Legislature finds and declares that it is unfair for a creditor who has directly participated in, arranged, or received a commission or other compensation for the sale of credit disability insurance to the debtor, or that creditor’s successor in interest, to invoke a creditor’s remedy because of a debtor’s nonpayment of any sum which has become due during a period of disability until a reasonable time has passed for the disability insurance claim to be filed, verified and processed.

California § 1812.400. (1812.400. (Added by Stats. 1983, Ch. 973, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.