41-2303 — SCOPE OF CHAPTER
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TITLE 41
INSURANCE
CHAPTER 23
CREDIT LIFE AND CREDIT
DISABILITY INSURANCE
41-2303. SCOPE OF CHAPTER. All life insurance and all disability
insurance in connection with loans or other credit transactions shall be
subject to the provisions of this chapter; except, that insurance in
connection with a loan or other credit transaction of more than fifteen (15)
years duration shall not be subject to this chapter, nor shall insurance be
subject to this chapter where the issuance of such insurance is an isolated
transaction on the part of the insurer not related to an agreement or a plan
for insuring debtors of the creditor.