Rule 3.5304 Premiums for Obligations Paid in Other Than Equal Monthly Installments

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.
Gavvy last updated this database on: Aug 7, 2024