16a-4-102. (UCCC) Scope.

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16a-4-102.

(UCCC)Scope.

(1)Except as provided in subsection (2), this article applies to insurance provided or to be provided in relation to a consumer credit transaction.

(2)The provision on cancellation by a creditor applies to loans the primary purpose of which is the financing of insurance. No other provision of this article applies to insurance so financed.