Part 4: INSURANCE ACTIVITIES BY SUPERVISED LENDERS
§4-401. Scope
1.Scope.
This Part applies to supervised lenders who are not supervised financial organizations.
[
1997, c. 315, §8 (NEW)
.]
2.Exceptions.
Except for sections 4-402 and 4-405, this Part does not apply to group health and group life insurance to the extent authorized
by Title 24-A, chapters 31 and 35 when the insured is enrolled in the insurance policy, credit life and credit health insurance
to the extent authorized by Title 24-A, chapter 37, credit property insurance, credit involuntary unemployment insurance,
forced placed property insurance, a vendor's single interest policy or any other insurance product as determined by the Superintendent
of Insurance.
[
1997, c. 315, §8 (NEW)
.]
SECTION HISTORY
1997, c. 315, §8 (NEW).
Data for this page extracted on 10/16/2012 08:19:41.