Virginia Statutes

§ 38.2-3733 — Portion of premium may be allowed to creditor; insurance may be provided and serviced at creditor's place of business

Virginia § 38.2-3733
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 37.1CREDIT LIFE INSURANCE AND CREDIT ACCIDENT AND SICKNESS INSURANCE

This text of Virginia § 38.2-3733 (Portion of premium may be allowed to creditor; insurance may be provided and serviced at creditor's place of business) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 38.2-3733 (2026).

Text

A.A portion of the premium for credit life insurance or credit accident and sickness insurance may be allowed by the insurer to a creditor for providing and servicing such insurance. Such portion of the premium so allowed shall not be deemed as a rebate of premium or as interest charges or consideration or an amount in excess of permitted charges in connection with the loan or other credit transaction.
B.All of the acts necessary to provide and service credit life insurance and credit accident and sickness insurance may be performed within the same place of business in which is transacted the business giving rise to the loan or other credit transaction.

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Legislative History

1960, c. 67, § 38.1-482.9; 1982, c. 223, § 38.2-3712; 1986, c. 562; 1992, c. 586.

Nearby Sections

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Bluebook (online)
Virginia § 38.2-3733, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-3733.