Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 25 - INSURANCE PREMIUM FINANCE
Subchapter C - OPERATIONS
Section 25.41 - Unacceptable Loans
Universal Citation: 28 TX Admin Code § 25.41
Current through Reg. 50, No. 13; March 28, 2025
Notice of adverse action shall be sent to the insured, giving reasons for denial of any insurance premium finance agreement, as required by Regulation B of the Equal Credit Opportunity Act, 15 United States Code §§1691 et seq. Notice that the loan was denied shall be sent to the agent, but shall not include the reasons for denial.
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