California Civil Code

§ 1812.400

CIV § 1812.400Div. 3 · Title 2.9 · Part 4

Statute text

The Legislature finds and declares that it is unfair for a creditor who has directly participated in, arranged, or received a commission or other compensation for the sale of credit disability insurance to the debtor, or that creditor’s successor in interest, to invoke a creditor’s remedy because of a debtor’s nonpayment of any sum which has become due during a period of disability until a reasonable time has passed for the disability insurance claim to be filed, verified and processed.

Legislative history

Added by Stats. 1983, Ch. 973, Sec. 1.