Bill Title: Relates to guaranteed asset protection waivers; authorizes contractual agreement wherein a creditor agrees, for a separate charge, to cancel or waive the gap amount due on a borrower's finance agreement in the event of a total physical damage or loss.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO JUDICIARY [S05731 Detail]

Text: Latest bill text (Introduced) [HTML]

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