28 Tex. Admin. Code § 5.4906 - Renewal Premium Grace Period
(a) Grace
period. The premium payment for policy renewal is considered timely if the
Association receives it within 10 calendar days after the due date.
(b) Applicability of the grace period to
certain premium surcharges. The grace period described in subsection (a) of
this section applies to a premium surcharge payment by an Association
policyholder under Insurance Code §
2210.259, concerning
Surcharge for Certain Noncompliant Structures, or §2210.6132, concerning
Contingent Source of Payment for Class 2 and Class 3 Public
Securities.
Notes
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