SECTION 25.52. Effective Date of Adjusted Premium Finance Changes

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Any increases or decreases in premiums of a policy financed under an insurance premium finance agreement due to changes in the policy subsequent to the inception date of the policy shall be considered effective, for finance charge adjustment purposes, on the date the insurance premium finance company receives the return premium from the insurance company or advances additional premium to the insurance company.

Source Note: The provisions of this §25.52 adopted to be effective May 17, 1995, 20 TexReg 3337.

                    
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