Kansas Statutes 16a-4-302. (UCCC) Insurance on creditor’s interest only
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Kansas Statutes 16a-4-302
- Property: includes personal and real property. See Kansas Statutes 77-201
If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of loss or damage not willfully caused by the consumer is on the consumer only to the extent of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.