§ 58-3-135. Certain insurance activities by lenders with customers prohibited. - North Carolina Statutes

§58‑3‑135.  Certain insurance activities by lenders with customersprohibited.

No lender shall require thepurchase of insurance from such lender or subsidiary or affiliate of suchlender as a condition to the making, renewing or refinancing of any loan or tothe establishing of any of the terms or conditions of such loan. Lenders shallnot include organizations of the Farm Credit System. (1985,c. 679, s. 1.)