In connection with insurance which is permitted under this article, the premium and
any gain or advantage to the creditor, or to any employee, affiliate, or associate
of the creditor, from such insurance or its sale shall not be deemed to be an additional
or further interest, discount, or charge, and the creditor may receive commissions
on the premium paid for such insurance if the creditor or an employee of the creditor
is a duly licensed insurance broker or agent under the insurance laws of the state
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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