28-44-109. EXISTING INSURANCE — CHOICE OF INSURER. If a creditor requires insurance, upon notice to the creditor, the debtor, as provided in section 41-2313, Idaho Code, shall have the option of providing the required insurance through an existing policy of insurance owned or controlled by the debtor, or through a policy to be obtained and paid for by the debtor, but the creditor may for reasonable cause, as defined in section 41-1312, Idaho Code, decline the insurance provided by the debtor.
History:
[28-44-109, added 1983, ch. 119, sec. 3, p. 290.]
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.