Delaware Administrative Code
Title 18 - Insurance
2000 - Premium Finance Companies
2001 - Insurance Premium Finance Companies
Section 2001-17.0 - Prepayment of Debt
Universal Citation: 18 DE Admin Code 2001-17.0
Current through Register Vol. 28, No. 3, September 1, 2024
Notwithstanding any provisions of the contract to the contrary, any unpaid balance may be paid at any time, without penalty, and any unearned service charge shall be refunded based on the "Rule of 78's" with the exception that any initial charge will not be refunded and rebates of less than $1 need not be made.
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