Indiana § 24-4.5-4-109 Existing insurance; choice of insurer

Indiana Statutes

§ 24-4.5-4-109 — Existing insurance; choice of insurer

Indiana·Art. 4.5 UNIFORM CONSUMER CREDIT CODE·Ch. 4 Insurance

Existing Insurance; Choice of Insurer —
If a creditor requires insurance, upon notice to the creditor the debtor
shall have the option of providing the required insurance through an
existing policy of insurance owned or controlled by the debtor, or
through a policy to be obtained and paid for by the debtor, but the
creditor may for reasonable cause decline the insurance provided by the
debtor.
Formerly: Acts 1971, P.L.366, SEC.5.

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Existing Insurance; Choice of Insurer —
If a creditor requires insurance, upon notice to the creditor the debtor
shall have the option of providing the required insurance through an
existing policy of insurance owned or controlled by the debtor, or
through a policy to be obtained and paid for by the debtor, but the
creditor may for reasonable cause decline the insurance provided by the
debtor.
Formerly: Acts 1971, P.L.366, SEC.5.

Indiana § 24-4.5-4-109 (Existing insurance; choice of insurer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.