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Current as of January 01, 2025 | Updated by Findlaw Staff
For credit personal property insurance sold in conjunction with a closed-end credit transaction, an insurer shall not:
1. Issue credit personal property insurance unless the amount financed exceeds $300;
2. Issue credit personal property insurance in an amount that exceeds the amount of the underlying credit transaction; and
3. Sell credit personal property insurance with a term that exceeds the scheduled term of the underlying credit transaction.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 691C.250. Credit personal property insurance sold in conjunction with closed-end credit transaction: Insurer prohibited from issuing or selling certain insurance - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-691c-250/
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 before relying on it for your legal needs.
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