SECTION 25.49. Increase in Financed Premiums

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The insurance premium finance agreement may contain a provision for amendment if increased or additional premiums are financed through use of a memorandum of agreement. Otherwise, any amendment financing increased or additional premiums shall be authorized by the signature of the insured at the time the insurance premium finance agreement is amended.

Source Note: The provisions of this §25.49 adopted to be effective May 17, 1995, 20 TexReg 3337.

                    
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