Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 25 - INSURANCE PREMIUM FINANCE
Subchapter C - OPERATIONS
Section 25.44 - Prompt Processing Required
Universal Citation: 28 TX Admin Code § 25.44
Current through Reg. 50, No. 13; March 28, 2025
An insurance premium finance company shall exercise reasonable care in the processing of insurance premium finance agreements and shall promptly pay amounts due under such agreements. Reasonable time for processing of insurance premium finance agreements shall be within five working days after acceptance. If this time limitation cannot be met, the insurance premium finance company shall give notice of the delay to both insured and agent before the expiration of the five day period.
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