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2015 Connecticut General Statutes
Title 38a - Insurance
Chapter 698 - Insurers
Section 38a-169 - (Formerly Sec. 38-299). Delinquency charge.

CT Gen Stat § 38a-169 (2015) What's This?

Any insurance premium finance agreement may provide for the payment by the insured of a delinquency charge of not more than five per cent of any installment, due under such agreement, which is delinquent by five days or more after becoming due.

(1971, P.A. 425, S. 10.)

History: Sec. 38-299 transferred to Sec. 38a-169 in 1991.

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