Actions by creditor if creditor requires debtor to make payment for consumer credit insurance without issuance of individual policy or group certificate.

If a creditor requires a debtor to make a payment for consumer credit insurance and an individual policy or group certificate is not issued, the creditor shall immediately notify the debtor in writing and make an appropriate credit to the account of the debtor or issue a refund. (Added to NRS by 2005, 2143)