Part 4: INSURANCE ACTIVITIES BY SUPERVISED LENDERS HEADING: PL 1997, C. 315, §8 (NEW)
§4-401. Scope
1. Scope. This Part applies to supervised lenders who are not supervised financial organizations.
[ 1997, c. 315, §8 (NEW) .]
2. Exceptions. Except for sections 4-402 and 4-405, this Part does not apply to group health and group life insurance to the extent authorized by Title 24-A, chapters 31 and 35 when the insured is enrolled in the insurance policy, credit life and credit health insurance to the extent authorized by Title 24-A, chapter 37, credit property insurance, credit involuntary unemployment insurance, forced placed property insurance, a vendor's single interest policy or any other insurance product as determined by the Superintendent of Insurance.
Part 4: INSURANCE ACTIVITIES BY SUPERVISED LENDERS HEADING: PL 1997, C. 315, §8 (NEW)
§4-401. Scope
1. Scope. This Part applies to supervised lenders who are not supervised financial organizations.
[ 1997, c. 315, §8 (NEW) .]
2. Exceptions. Except for sections 4-402 and 4-405, this Part does not apply to group health and group life insurance to the extent authorized by Title 24-A, chapters 31 and 35 when the insured is enrolled in the insurance policy, credit life and credit health insurance to the extent authorized by Title 24-A, chapter 37, credit property insurance, credit involuntary unemployment insurance, forced placed property insurance, a vendor's single interest policy or any other insurance product as determined by the Superintendent of Insurance.
Part 4: INSURANCE ACTIVITIES BY SUPERVISED LENDERS HEADING: PL 1997, C. 315, §8 (NEW)
§4-401. Scope
1. Scope. This Part applies to supervised lenders who are not supervised financial organizations.
[ 1997, c. 315, §8 (NEW) .]
2. Exceptions. Except for sections 4-402 and 4-405, this Part does not apply to group health and group life insurance to the extent authorized by Title 24-A, chapters 31 and 35 when the insured is enrolled in the insurance policy, credit life and credit health insurance to the extent authorized by Title 24-A, chapter 37, credit property insurance, credit involuntary unemployment insurance, forced placed property insurance, a vendor's single interest policy or any other insurance product as determined by the Superintendent of Insurance.
