Statutes, codes, and regulations
Mississippi Administrative Code
Title 19 - Department of InsurancePart 1 - General
Chapter 25 - (2000-4) Guidelines for an Agent in Advancing an Insurance Premium for an Insured
Rule 19-1-25.03 - Permissible Interest Rates

19 Miss. Code. R. 1-25.03

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Current through December 10, 2024
Rule 19-1-25.03 - Permissible Interest Rates

No insurance agent may issue or deliver any insurance policy in which they advanced the premium for the insured unless such advancement was made with an interest rate equal or lower than one and one-half percent (1.5%) per month.

19 Miss. Code. R. 1-25.03

Miss. Code Ann. § 83-3-121 (Rev. 2011)