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TITLE 28 - INSURANCE
PART 1 - TEXAS DEPARTMENT OF INSURANCE
CHAPTER 25 - INSURANCE PREMIUM FINANCE
SUBCHAPTER C - OPERATIONS
SECTION/RULE §25.55 - Notification to Insured of Offset
Chapter Review Date 06/08/2021

An insurance premium finance company may not offset monies paid to an insured by mistake unless it notifies the insured that it is offsetting against an insured's account. The insurance premium finance company shall preserve a copy of such notice in the individual file of the insured.

Source Note: The provisions of this §25.55 adopted to be effective May 17, 1995, 20 TexReg 3337.

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