Wis. Admin. Code Department of Financial Institutions DFI-Bkg 76.05
Current through October 28, 2024
Upon prepayment in full of any retail installment contract by the proceeds of credit insurance or otherwise the sales finance company shall, if its representative sold the credit insurance, refund to the customer or to the customer's estate the amount of any unearned insurance premium or, if its representative did not sell the insurance, notify the insurance agent of the date of prepayment directing that payment be made to the customer or to the customer's estate.
Wis. Admin. Code Department of Financial Institutions DFI-Bkg 76.05