28 Tex. Admin. Code § 25.71 - Advertisements in General
An insurance premium finance company may not engage in deceptive advertising as set forth in the Insurance Code, Article 24.13, and further defined in these sections.
(1)
Advertisements by an insurance premium finance company shall be truthful, not
misleading in fact or in implication, or fail to disclose material
facts.
(2) No advertisement shall
be used by an insurance premium finance company which, because of words,
phrases, statements, or illustrations therein or information omitted therefrom,
have the tendency to mislead or deceive borrowers. Words or phrases which are
misleading or deceptive because the meaning is unclear, or clear only to
persons familiar with insurance premium finance terminology, may not be used.
This paragraph does not prohibit use of trade or technical terms in
advertisements directed exclusively at commercial insureds.
(3) All information required to be disclosed
by these guidelines shall be set out conspicuously and in close conjunction
with the statements to which such information relates or under appropriate
captions of such prominence that it is not minimized, rendered obscure,
presented in an ambiguous fashion, or intermingled with the context of the
advertisement so as to be confusing or misleading.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.