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TITLE 28INSURANCE
PART 1TEXAS DEPARTMENT OF INSURANCE
CHAPTER 3LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
SUBCHAPTER FFCREDIT LIFE AND CREDIT ACCIDENT AND HEALTH INSURANCE
DIVISION 9PREMIUM REFUNDS
RULE §3.5906Treatment of Partial Months

In calculating refunds upon termination, no charge for credit insurance may be made for the first 15 days of a loan month, and a full month may be charged for 16 days or more of a loan month.


Source Note: The provisions of this §3.5906 adopted to be effective October 1, 1980, 5 TexReg 2772; amended to be effective June 30, 1992, 17 TexReg 4345.

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