83-53-21 - Freedom of debtor to procure insurance from any authorized company. - Mississippi Statutes

§ 83-53-21. Freedom of debtor to procure insurance from any authorized company.
 

When credit life insurance or credit disability insurance is required as additional security for any indebtedness, the debtor shall be free to procure the required insurance from any insurance company authorized to transact credit life insurance or credit disability insurance business in this state. 
 

Sources: Laws,  1986, ch. 440, § 11, eff from and after May 6, 1986.