§ 3309. Delinquency and cancellation charges
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 3309
§ 3309. Delinquency and cancellation charges
An insurance premium finance agreement may provide for the payment by the insured of a delinquency charge of $1 to a maximum of 5% of the delinquent installment on any installment which is in default for a period of five days or more.
Credits
1984, Dec. 19, P.L. 1182, No. 224, § 9, effective in 60 days.
40 P.S. § 3309, PA ST 40 P.S. § 3309
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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