Sec. 38a-169. (Formerly Sec. 38-299). Delinquency charge.
Sec. 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.)
History: Sec. 38-299 transferred to Sec. 38a-169 in 1991.