Cap#17 — Unearned-Premium Collateral (M10)

Per §5.M10. Pledges sit in the segregated insurance_motor.unearned_premium_pledge ledger (R2). 80% statutory cap; default → automatic policy-cancel + refund to lender within 24h.

upc

Unearned-premium collateral board unavailable.

The page is not showing a zero-pledge board because the live source could not be reached: SITU_API_BASE_URL is not configured..

Open pledges

Open pledges cannot be confirmed until the collateral board source is available.

Cancelled-on-default (last 30 days)

No cancellations on record.