HB 599, 56th R.S.
Relating to providing that it shall be unlawful for any person, firm or corporation, or the officers or employees thereof, engaged in financing the purchase of, or lending money on the security of, real or personal property to require that a borrower or any other person pay a service charge or fee of any kind to substitute the insurance policy of one insurance company for that of another or negotiate with a particular insurance agent or insurance company in obtaining insurance coverage on the property; providing a penalty.
Author: Louis H. Anderson
Subjects:
Financial--General
Insurance--General
Property Interests--Personal Property
Property Interests--Real Property
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