Sec. 305. Upon the payment in full of a consumer credit sale or consumer loan, the creditor or creditor's assignee shall promptly make an appropriate refund of the unearned premium for any property insurance with respect to which the creditor or the credit account of the consumer is a beneficiary.
As added by P.L.122-1994, SEC.30.
Structure Indiana Code
Article 4.5. Uniform Consumer Credit Code
24-4.5-4-102. Application; Relation to Credit Insurance Act
24-4.5-4-103. "Consumer Credit Insurance" Defined
24-4.5-4-104. Creditor's Provisions of and Charge for Insurance; Excess Amount of Charge
24-4.5-4-105. Conditions Applying to Insurance to Be Provided by Creditor
24-4.5-4-106. Unconscionability
24-4.5-4-107. Maximum Charge by Creditor for Insurance; Methods for Calculating Charge
24-4.5-4-109. Existing Insurance; Choice of Insurer
24-4.5-4-111. Cooperation Between Administrator and Insurance Commissioner
24-4.5-4-112. Administrative Action of Commissioner of Insurance
24-4.5-4-201. Term of Insurance
24-4.5-4-202. Amount of Insurance
24-4.5-4-203. Filing and Approval of Rates and Forms
24-4.5-4-301. Property Insurance
24-4.5-4-302. Insurance on Creditor's Interest Only
24-4.5-4-303. Liability Insurance
24-4.5-4-304. Cancellation by Creditor
24-4.5-4-305. Refund of Unearned Premium for Property Insurance Upon Payment of Loan