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2022 Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 44 - INSURANCE
Part 3 - PROPERTY AND LIABILITY INSURANCE
Section 28-44-302 - INSURANCE ON CREDITOR’S INTEREST ONLY.
Universal Citation:
ID Code § 28-44-302 (2022)
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This media-neutral citation is based
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28-44-302. INSURANCE ON CREDITOR’S INTEREST ONLY. If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of loss or damage not willfully caused by the debtor is on the debtor only to the extent of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.
History:
[28-44-302, added 1983, ch. 119, sec. 3, p. 293.]
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