Section 56-55-103 - Prohibited sales - Restrictions(a) No vehicle protection product may be sold or offered for sale in this state unless the seller, warrantor, and administrator, if any, comply with this chapter.(b) A vehicle protection product warranty provided or sold in compliance with this chapter is not a contract of insurance.(c) Warranties, indemnity agreements, and guarantees that are not provided as a part of a vehicle protection product are not subject to this chapter.