61 chapters · 1,359 sections in this title.
Miss. Code Ann. § 83-52-1 Chapter purpose; applicability; waivers are not insurance and are exempt from insurance laws
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(1) The purpose of this chapter is to provide a framework within which guaranteed asset protection waivers are defined and may be offered within this state. (2) This chapter does not apply to:(a) An insurance policy offered by an insurer under the insurance laws of this state; or…
Miss. Code Ann. § 83-52-11 Guaranteed asset protection waiver agreement cancellation
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(1) Guaranteed asset protection waiver agreements may be cancellable or noncancellable after the free look period. GAP waivers shall provide that if a borrower cancels a waiver within the free look period, the borrower will be entitled to a full refund of the purchase price, so l…
Miss. Code Ann. § 83-52-13 Inapplicability of Sections 83-52-5(3), 83-52-9 and 83-52-15 to certain GAP waivers
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Sections 83-52-5(3), 83-52-9 and 83-52-15 of this chapter are not applicable to a guaranteed asset protection waiver offered in connection with a lease or retail installment sale associated with a commercial transaction.
Miss. Code Ann. § 83-52-15 Enforcement of this chapter and protection of Mississippi GAP waiver holders
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(a) The commissioner may take action which is necessary or appropriate to enforce the provisions of this chapter and to protect guaranteed asset protection waiver holders in this state. After proper notice and opportunity for hearing, the commissioner may:(a) Order the creditor, …