Statute · New York Insurance Law
N.Y. Ins. Law § 2340 — Credit property insurance
N.Y. Ins. Law § 2340
- Type
- Statute
- Source
- New York Insurance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 2340. Credit property insurance. (a) The superintendent may promulgate regulations covering the business of credit property insurance.
Citator
N.Y. Ins. Law § 2340 — Credit property insurance is in force in the current edition of the Code, and nothing recorded condemns it.
§ 2340. Credit property insurance. (a) The superintendent may promulgate regulations covering the business of credit property insurance.
(b) "Credit property insurance" means insurance against loss of or damage to personal property covering a creditor's security interest in such property when insurance is written as a part of a credit transaction.