28 Tex. Admin. Code § 25.53
Current through Reg. 49, No. 50; December 13, 2024
If an insurance premium finance agreement is to be prepaid by return premium due to cancellation of the financed policy, the finance charge stops accruing on the date the return premium is received by the insurance premium finance company on that part of the outstanding indebtedness equal to the return premium.
28 Tex. Admin. Code § 25.53