Title 27
Insurance

Chapter 58
The Banking and Insurance Consumer Protection Act

R.I. Gen. Laws § 27-58-11

§ 27-58-11. Insurance in connection with a loan.

(a) If insurance is required as a condition of obtaining a loan, the credit and insurance transactions shall be completed independently and through separate documents.

(b) A loan for premiums on required insurance shall not be included in the primary credit without the written consent of the customer.

History of Section.
P.L. 1996, ch. 325, § 1.