§ 27-30-11 Existing insurance
Choice of insurer.
When consumer credit insurance is required as additional security for any
indebtedness the debtor shall, upon request to the creditor, have the option of
furnishing the required amount of insurance through existing policies of
insurance owned or controlled by the debtor of procuring and furnishing the
required coverage through any insurer authorized to transact an insurance
business within this state.
(P.L. 1959, ch. 91, § 11; P.L. 2009, ch. 292, § 3; P.L. 2009, ch. 293, § 3; P.L. 2010, ch. 239, § 3.)