Choice of insurance agent or broker

Checkout our iOS App for a better way to browser and research.

§4-404. Choice of insurance agent or broker

A supervised lender or its affiliate that negotiates or sells insurance products to purchasers or borrowers as authorized under section 4‑402 may not, in connection with the extension of credit, interfere with a purchaser's or borrower's free choice of an insurance agent or company under applicable provisions set forth in Title 24‑A.   [PL 1997, c. 315, §8 (NEW).]

SECTION HISTORY

PL 1997, c. 315, §8 (NEW).


Download our app to see the most-to-date content.