Sections
11 entriesSection 1812.400Establishes legislative findings only, declaring it unfair for a creditor that participated in, arranged, or was compensated for selling credit disability insurance…Section 1812.401Defines credit disability insurance, creditor, debtor, creditor’s remedy, disability claim period, and notice for the title. Sets the claim period from the…Section 1812.402Prohibits covered creditors from using remedies for sums due during a disability claim period ending three months after first missed payment or…Section 1812.403Allows a creditor to invoke any creditor remedy 15 days after receiving notice that an insurer stopped payments on a credit-disability-insurance claim…Section 1812.404Limits the title's application to a creditor whose creditor, predecessor in interest, or either one's representative directly arranged or participated in the…Section 1812.405Allows a creditor to use remedies for nonpayment under an open-end credit plan after the debtor gives disability-claim notice, unless nonpayment relates…Section 1812.406Exempts key-person credit-disability insurance required for business loans of at least $25,000 and specified mortgage or deed-of-trust credit over 10 years. The…Section 1812.407Limits the title’s application to nonpayment of sums that become due on or after April 1, 1984, for which the debtor claims…Section 1812.408Bars a debtor from making an enforceable waiver of the title's provisions by declaring any such waiver void and unenforceable. Establishes that…Section 1812.409Prohibits this title from affecting or defeat an interest in the debtor's property, acquired after the creditor invokes a creditor's remedy in…Section 1812.410Limits the effect of a holding that any provision of the title, or its application to a person or circumstance, is unconstitutional.…