W. Va. Code R. § 106-14-1

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 106-14-1 - GENERAL

1.1Scope and Purpose. -- The purpose of this regulation is to set forth the form by which a creditor, receiving payment in full of a consumer credit sale, or consumer loan, refinancing or consolidation, must notify the debtor of his/her right to cancel any consumer credit insurance provided in association with said sale, loan, refinancing or consolidation, and receive a refund of any unearned premiums thereon.

1.2Authority. -- W. Va. Code 46A-3-109(2)(f).

1.3Filing Date. -- August 31, 1990

1.4Effective Date. -- October 1, 1990

W. Va. Code R. § 106-14-1