20-1099. Definitions In this article, unless the context otherwise requires: 1. " Administrator" means a third party other than the warrantor who is designated by the warrantor to be responsible for the administration of vehicle protection product warranties. 2. " Incidental costs" means expenses that are specified in the vehicle protection product warranty incurred by […]
20-1099.01. Vehicle protection products; exemption from insurance code A vehicle protection product that is sold or offered for sale in this state and that meets the requirements of section 20-1099.02 is not subject to this title. Vehicle protection product warrantors and related vehicle protection product sellers and administrators that comply with section 20-1099.02 are not […]
20-1099.02. Exemption from insurance code; requirements A. To be exempted from this title, a vehicle protection product shall: 1. Identify the warrantor, the seller, the warranty holder and the terms of the sale. 2. Conspicuously state that the obligations of the warrantor to the warranty holder are guaranteed under a warranty reimbursement insurance policy. 3. […]
