28 Tex. Admin. Code § 25.55

Current through Reg. 49, No. 49; December 6, 2024

Section 25.55 - Notification to Insured of Offset

An insurance premium finance company may not offset monies paid to an insured by mistake unless it notifies the insured that it is offsetting against an insured's account. The insurance premium finance company shall preserve a copy of such notice in the individual file of the insured.

28 Tex. Admin. Code § 25.55

The provisions of this §25.55 adopted to be effective May 17, 1995, 20 TexReg 3337.