ARTICLE 5.8. Premium Financing [778. - 778.4.]
Article 5.8 added by Stats. 1971, Ch. 1103.
§§ 778–778.4 · 5 sections
- § 778 As used in this article, “premium financing” means engaging in the business of advancing money, directly or indirectly, to an insurer or producer at the…
- § 778.1 As used in this article, “premium finance agreement” means a loan contract, note, agreement, or obligation by which an insured agrees to pay to a lender in…
- § 778.2 (a) Any person engaged in business as an insurance agent or broker and who participates in the arrangement of a premium financing agreement shall, if he…
- § 778.3 The amount of the periodic finance charges, if any, imposed for the premium financing purchased and the annual percentage rate associated with those charges…
- § 778.4 (a) Every property broker-agent and every casualty broker-agent shall, prior to arranging premium financing for any new or renewal policy of insurance…