19 Miss. Code. R. 1-25.04 - Time Limits for Advancement
No insurance agent may issue or deliver any insurance policy in which they advanced the premium for the insured unless, within the original terms of credit, such advancement is to be repaid within 90 days. However, if insured is delinquent in payment, the agent may continue to charge the interest rate as specified in section 3 of this regulation until the payment is received.
Notes
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