A motor vehicle service contract shall not be issued, made, provided, sold, or offered for sale in this state unless the provider of the service contract is insured under a motor vehicle service contract reimbursement insurance policy issued by an insurer or administrator authorized to do business in this state.
Source: L. 94: Entire title amended with relocations, p. 2510, § 1, effective January 1, 1995.
Editor's note: This section is similar to former § 42-13-102 as it existed prior to 1994, and the former § 42-11-102 was relocated to § 42-9-102.