Syfert Injury Law Firm

“Premium finance company” defined.

“Premium finance agreement” defined.

License required.

Levy upon deposit.

Approval, disapproval of application; license renewal.

Grounds for refusal, suspension, or revocation of license.

Administrative fine and probation in lieu of suspension, revocation, or refusal to renew license.

Examinations.

Excessive premium finance charge; penalty.

Licensee’s books and records; reports.

Filing and approval of forms; service charges.

Form and content of premium finance agreements.

Limitation on service and other charges.

Prohibited acts; financing companies.

Delinquency, collection, cancellation, and check return charges; attorney’s fees.

Restrictions on premium finance agreements.

Delivery of copy of premium finance agreement.

Assignment of premium finance agreement.

Statement of account; receipts.

Extensions or deferrals.

Cancellation of insurance contract upon default.

Fees.