§ 66-442. Guaranteed asset protection waivers not subject to insurance laws.
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§ 66-442. Guaranteed asset protection waivers not subject to insurance laws.
Guaranteed asset protection waivers are not insurance and are exempt from the provisions of Chapter 58 of the General Statutes, as are persons administering, marketing, selling, or offering to sell guaranteed asset protection waivers to borrowers. (2013-193, s. 1.)