16a-6-101 (UCCC) Short title.
16a-6-101. (UCCC) Short title. This article shall be known and may be cited as revised uniform consumer credit code—administration. History: L. 1973, ch. 85, § 94; January 1, 1974.
16a-6-102 (UCCC) Applicability.
16a-6-102. (UCCC) Applicability. This part applies to persons who in this state (1) make or solicit consumer credit transactions; or (2) directly collect payments from or enforce rights against consumers arising from consumer credit transactions, wherever they are made. History: L. 1973, ch. 85, § 95; January 1, 1974.
16a-4-103 (UCCC) Definition: “Consumer credit insurance.”
16a-4-103. (UCCC) Definition: “Consumer credit insurance.” In this act “consumer credit insurance” means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include: (a) Insurance provided in relation to a credit transaction in which a payment is scheduled more than […]
16a-4-304 (UCCC) Cancellation by creditor.
16a-4-304. (UCCC) Cancellation by creditor. A creditor shall not request cancellation of a policy of property or liability insurance except after the consumer’s default or in accordance with a written authorization by the consumer, and in either case the cancellation does not take effect until written notice is delivered to the consumer or mailed to […]
16a-4-104 (UCCC) Creditor’s provision of and charge for insurance; excess amount of charge.
16a-4-104. (UCCC) Creditor’s provision of and charge for insurance; excess amount of charge. (1) Except as otherwise provided in this article and subject to the provisions on additional charges (section 16a-2-501) and maximum finance charges (parts 2 and 4 of article 2), a creditor may agree to provide insurance, and may contract for and receive […]
16a-5-101 (UCCC) Short title.
16a-5-101. (UCCC) Short title. This article shall be known and may be cited as revised uniform consumer credit code—remedies and penalties. History: L. 1973, ch. 85, § 80; January 1, 1974.
16a-4-105 (UCCC) Conditions applying to insurance to be provided by creditor.
16a-4-105. (UCCC) Conditions applying to insurance to be provided by creditor. If a creditor agrees with a consumer to provide insurance: (1) The insurance shall be evidenced by an individual policy or certificate of insurance delivered to the consumer, or sent to him at his address as stated by him, within thirty (30) days after […]
16a-4-106 (UCCC) Unconscionability.
16a-4-106. (UCCC) Unconscionability. (1) In applying the provisions of this act on unconscionability (sections 16a-5-108 and 16a-6-111) to a separate charge for insurance, consideration shall be given, among other factors, to: (a) Potential benefits to the consumer including the satisfaction of his obligations; (b) the creditor’s need for the protection provided by the insurance; and […]
16a-4-107 (UCCC) Maximum charge by creditor for insurance.
16a-4-107. (UCCC) Maximum charge by creditor for insurance. (1) Except as provided in subsection (2), if a creditor contracts for or receives a separate charge for insurance, the amount charged to the consumer for the insurance may not exceed the premium to be charged by the insurer, as computed at the time the charge to […]
16a-4-108 (UCCC) Refund or credit required; amount.
16a-4-108. (UCCC) Refund or credit required; amount. (1) Upon prepayment in full of a consumer credit sale or consumer loan by the proceeds of consumer credit insurance, the consumer or his estate is entitled to a refund of any portion of a separate charge for insurance which by reason or prepayment is retained by the […]