New York Statutes

§ 2340 — Credit property insurance

New York·Law ISC Insurance·Art. 23 Property/casualty Insurance Rates

§ 2340. Credit property insurance.

(a)The superintendent may\npromulgate regulations covering the business of credit property\ninsurance.\n (b) "Credit property insurance" means insurance against loss of or\ndamage to personal property covering a creditor's security interest in\nsuch property when insurance is written as a part of a credit\ntransaction.\n

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