Existing insurance; choice of insurer.

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When any form of consumer credit insurance is required as additional security for any debt, the debtor may furnish the required amount of insurance through existing policies of insurance owned or controlled by the debtor or procure or furnish the required coverage through any insurer authorized to transact the business of insurance in this State.

(Added to NRS by 1971, 1777; A 1987, 2303; 2005, 2146)


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