Section 2340. Credit property insurance  


Latest version.
  • (a)  The  superintendent  may
      promulgate  regulations  covering  the  business  of   credit   property
      insurance.
        (b) "Credit  property  insurance"  means  insurance against loss of or
      damage to personal property covering a creditor's security  interest  in
      such  property  when  insurance  is  written  as  a  part  of  a  credit
      transaction.