Conn. Agencies Regs. § 32-13-43 - Payment of insurance

Upon sale of the secured property by the secured party, or upon assignment to the commission of the insured indebtedness and all security therefor, or upon the passing of title to the secured property to the commission, all in accordance with the provisions of 32-15-19a, the secured party shall be entitled to the benefits of the insurance provided in section 32-16 of the 1969 supplement to the general statutes, after the deduction of any sums received from the sale, lease or other disposition of the secured property.

Notes

Conn. Agencies Regs. § 32-13-43

Effective November 26, 1968