16a-4-304. (UCCC) Cancellation by creditor.
16a-4-304
16a-4-304. (UCCC) Cancellation by creditor.
A creditor shall not request cancellation of a policy of property or
liability insurance except after the consumer's default or in accordance
with a written authorization by the consumer, and in either case the
cancellation does not take effect until written notice is delivered to the
consumer or mailed to him at his address as stated by him. The notice shall
state that the policy may be cancelled on a date not less than ten (10)
days after the notice is delivered, or, if the notice is mailed, not less
than thirteen (13) days after it is mailed.
History: L. 1973, ch. 85, § 79; Jan. 1, 1974.