N.Y. Insurance Law 2340 – Credit property insurance
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§ 2340. Credit property insurance. (a) The superintendent may promulgate regulations covering the business of credit property insurance.
Terms Used In N.Y. Insurance Law 2340
- Personal property: All property that is not real property.
(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.