us-gu · Through P.L. 38-133 (June 4, 2026)

14 GCA § 4302: Insurance on Creditor's Interest Only.

Where this section sits in the code

Title 14: Uniform Consumer Credit Code
Chapter 4: Insurance
ARTICLE 3: PROPERTY AND LIABILITY INSURANCE

If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of accidental loss or damage is in the debtor only to the extend of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.

Collected 2026-09-27T03:29:48Z. Source file · JSON

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