Conn. Gen. Stat. § 38a-169

Current with legislation from 2024 effective through June 5, 2024.

Section 38a-169 - (Formerly Sec. 38-299). Delinquency charge

Any insurance premium finance agreement may provide for the payment by the insured of a delinquency charge of not more than five per cent of any installment, due under such agreement, which is delinquent by five days or more after becoming due.

(1971, P.A. 425, S. 10.)