<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 25INSURANCE PREMIUM FINANCE
SUBCHAPTER COPERATIONS
RULE §25.55Notification to Insured of Offset

An insurance premium finance company may not offset monies paid to an insured by mistake unless it notifies the insured that it is offsetting against an insured's account. The insurance premium finance company shall preserve a copy of such notice in the individual file of the insured.


Source Note: The provisions of this §25.55 adopted to be effective May 17, 1995, 20 TexReg 3337.

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page