2019 Texas Statutes
Insurance Code
Title 12 - Other Coverage
Chapter 3502 - Mortgage Guaranty Insurance
Subchapter E. Lender Powers and Duties
Section 3502.203. Refund of Premium

Universal Citation: TX Ins Code § 3502.203 (2019)

Sec. 3502.203. REFUND OF PREMIUM. A lender that receives a refund of an unearned mortgage guaranty insurance premium paid by a borrower shall remit the refund to the borrower not later than the 10th business day after the date the lender receives the refund.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff. April 1, 2007.

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