Guaranteed asset protection waiver definition
Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.
Guaranteed asset protection waiver means a contractual agreement in which a creditor agrees for a separate charge to cancel or waive all or part of amounts due on a borrower's finance agreement in the event of a total physical damage loss or unrecovered theft of a motor vehicle.
Guaranteed asset protection waiver means a contractual agreement in which a creditor agrees for a separate charge to cancel or waive all or part of amounts due on a borrower's finance agreement if there is a total physical damage loss or unrecovered theft of the motor vehicle, which agreement must be part of, or a separate addendum to, the finance agreement.
More Definitions of Guaranteed asset protection waiver
Guaranteed asset protection waiver or "GAP waiver" means a contractual agreement wherein a creditor agrees for a separate charge to cancel or waive all or part of amounts due on a borrower's finance agreement in the event of a total physical damage loss or unrecovered theft of a motor vehicle, which agreement must be part of, or a separate addendum to, the finance agreement;
Guaranteed asset protection waiver or "GAP waiver" means a contractual agreement wherein a
Guaranteed asset protection waiver or "waiver" means a
Guaranteed asset protection waiver or "waiver" means a contractual agreement in which a creditor agrees for a separate charge to cancel or waive all or part of the amount due on a borrower's finance agreement for a motor vehicle in the event of a total physical damage loss or unrecovered theft of the motor vehicle. The waiver must be part of or a separate addendum to the finance agreement. [PL 2017, c. 475, Pt. A, §13 (RPR).]
Guaranteed asset protection waiver means a contractual
Guaranteed asset protection waiver means a contractual agreement in which a
Guaranteed asset protection waiver means a contractual agreement that is part of or