Conn. Gen. Stat. § 38a-169

Current with legislation from the 2024 Regular and Special Sessions.

Section 38a-169 - (Formerly Sec. 38-299). Delinquency charge

Any insurance premium finance agreement may provide for the payment by the insured of a delinquency charge of not more than five per cent of any installment, due under such agreement, which is delinquent by five days or more after becoming due.

(1971, P.A. 425, S. 10.)