16a-4-102. (UCCC) Scope.
16a-4-102
16a-4-102. (UCCC) Scope.
(1) Except as provided in subsection (2), this article applies to
insurance provided or to be provided in relation to a consumer credit
transaction.
(2) The provision on cancellation by a creditor (section 16a-4-304)
applies to loans the primary purpose of which is the financing of
insurance. No other provision of this article applies to insurance so
financed.
History: L. 1973, ch. 85, § 62; Jan. 1, 1974.