Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 25 - INSURANCE PREMIUM FINANCE
Subchapter C - OPERATIONS
Section 25.45 - Duplication of Loans
Universal Citation: 28 TX Admin Code § 25.45
Current through Reg. 50, No. 13; March 28, 2025
A licensee may make more than one insurance premium finance loan agreement with the same insured. However, no licensee shall induce or permit any person to be obligated directly or indirectly under more than one insurance premium finance agreement concurrently, for the purpose of obtaining a higher authorized charge than would otherwise be permitted.
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