2019 US Virgin Islands Code
Title 22 - Insurance
Chapter 61 - Premium Finance Companies and Agreements
§ 1632. Filing and approval of forms; service charges
Universal Citation: V.I. Code tit. 22, § 1632 (2019)
(a) No premium finance agreement form or related form shall be used in the territory by a premium finance company unless it has been filed with and approved by the Commissioner. Every filing shall be made within 30 days of issuance or use.
(b) Each premium finance company shall file with the Commissioner the service charge and interest rate plan, including all modifications. Every filing shall be made within 30 days of its effective date.
(c) Each filing shall be accompanied by the appropriate filing fee.
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