28-44-102. SCOPE — RELATION TO CREDIT INSURANCE ACT — APPLICABILITY TO PARTIES. (1) Except as provided in subsection (2) of this section, this chapter applies to insurance provided or to be provided in relation to a regulated consumer credit transaction, as defined in section 28-41-301, Idaho Code.
(2) The provision on cancellation by a creditor, section 28-44-304, Idaho Code, applies to loans the primary purpose of which is the financing of insurance. No other provision of this chapter applies to insurance so financed.
(3) This chapter supplements and does not repeal the credit insurance act, chapter 23, title 41, Idaho Code. The provisions of this act concerning administrative controls, liabilities, and penalties do not apply to persons acting as insurers, as defined by title 41, Idaho Code, or rules prescribed by the director of the department of insurance.
History:
[28-44-102, added 1983, ch. 119, sec. 3, p. 287; am. 2013, ch. 54, sec. 11, p. 120.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Section 28-44-101 - SHORT TITLE.
Section 28-44-102 - SCOPE — RELATION TO CREDIT INSURANCE ACT — APPLICABILITY TO PARTIES.
Section 28-44-103 - CREDIT INSURANCE — CREDIT INSURANCE ACT — DEFINED.
Section 28-44-104 - CREDITOR’S PROVISION OF AND CHARGE FOR INSURANCE — EXCESS AMOUNT OF CHARGE.
Section 28-44-105 - CONDITIONS APPLYING TO INSURANCE TO BE PROVIDED BY CREDITOR.
Section 28-44-106 - UNCONSCIONABILITY.
Section 28-44-107 - MAXIMUM CHARGE BY CREDITOR FOR INSURANCE.
Section 28-44-108 - REFUND OR CREDIT REQUIRED — AMOUNT.