NAC683A.089. “Credit property insurance” defined.

Latest version.

“Credit property insurance” means insurance which provides for payment of:

1. The outstanding balance of a loan if the property given as security for the loan is destroyed; or

2. The cost of repairing the property given as security for the loan up to the amount of the outstanding balance of the loan.

(Added to NAC by Comm’r of Insurance, eff. 1-19-84)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');