Mont. Code Ann. § 33-1-218
This is the official text of Mont. Code Ann. § 33-1-218, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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33-1-218 Credit insurances -- definitions
Official statutory text
33-1-218 . Credit insurances -- definitions. As used in this code, the following definitions apply:
(1) "Credit disability insurance" means the same as defined in 33-21-103 .
(2) "Credit life insurance" means the same as defined in 33-21-103 .
(3) "Credit property insurance" means any policy, endorsement, rider, cover note, memorandum, certificate, or other instrument or evidence of insurance covering perils to goods purchased through a credit transaction or pledged as collateral for a credit transaction and that concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part. Credit property insurance is a type of property insurance as provided for in 33-1-210 .
(4) "Credit unemployment insurance" means insurance on a debtor to provide indemnity for payments or debt becoming due on a specific loan or other credit transaction while the debtor is involuntarily unemployed as defined in the policy. Credit unemployment insurance is a type of involuntary unemployment insurance as provided for in 33-1-216 .
(5) "Debtor" means the same as defined in 33-21-103 .
(1) "Credit disability insurance" means the same as defined in 33-21-103 .
(2) "Credit life insurance" means the same as defined in 33-21-103 .
(3) "Credit property insurance" means any policy, endorsement, rider, cover note, memorandum, certificate, or other instrument or evidence of insurance covering perils to goods purchased through a credit transaction or pledged as collateral for a credit transaction and that concerns a creditor's interest in the purchased goods or pledged collateral either in whole or in part. Credit property insurance is a type of property insurance as provided for in 33-1-210 .
(4) "Credit unemployment insurance" means insurance on a debtor to provide indemnity for payments or debt becoming due on a specific loan or other credit transaction while the debtor is involuntarily unemployed as defined in the policy. Credit unemployment insurance is a type of involuntary unemployment insurance as provided for in 33-1-216 .
(5) "Debtor" means the same as defined in 33-21-103 .
Status: in_force · Read it on the official government site
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