16a-4-102.   (UCCC) Scope.(1) Except as provided in subsection (2), this article applies toinsurance provided or to be provided in relation to a consumer credittransaction.

      (2)   The provision on cancellation by a creditor (section 16a-4-304)applies to loans the primary purpose of which is the financing ofinsurance. No other provision of this article applies to insurance sofinanced.

      History:   L. 1973, ch. 85, § 62; Jan. 1, 1974.