TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 14. INSURANCE PREMIUM FINANCE COMPANIES

Part 3. Operation and Regulation

Agreement Effective As Security Interest

33-14-306. Agreement effective as security interest. No filing of the premium finance agreement or recording of a premium finance transaction shall be necessary to perfect the validity of the agreement as a secured transaction as against creditors, subsequent purchasers, pledgees, encumbrancers, successors, or assigns.

History: En. Sec. 12, Ch. 360, L. 1981.