§ 75-18. Lender may require nondiscriminatory approval of insurer.
Lenders may not require a specific insurer or agent, but they may approve the borrower’s chosen insurer on a reasonable, nondiscriminatory basis.
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- Jurisdiction
- United States — North Carolina
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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insurance approval loan conditions
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§ 75-18. Lender may require nondiscriminatory approval of insurer.
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