SECTION 3.5304. Premiums for Obligations Paid in Other Than Equal Monthly Installments  


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  • Premiums and premium rates for insurance covering obligations payable in other than substantially equal monthly installments during the period of coverage shall be determined in a manner resulting in a rate not exceeding the mathematical equivalent of the foregoing rates.

Source Note: The provisions of this §3.5304 adopted to be effective October 1, 1980, 5 TexReg 2772.