Wisconsin Administrative Code (Last Updated: January 10, 2017) |
Agency DFI. Department of Financial Institutions |
Chapters DFI-Bkg1-78. Department of Financial Institutions-Banking |
Chapter DFI-Bkg76. Sales Finance Companies |
Section 76.05. Insurance premiums, rebates.
Latest version.
- Upon prepayment in full of any retail installment contract by the proceeds of credit insurance or otherwise the sales finance company shall, if its representative sold the credit insurance, refund to the customer or to the customer's estate the amount of any unearned insurance premium or, if its representative did not sell the insurance, notify the insurance agent of the date of prepayment directing that payment be made to the customer or to the customer's estate.
Cr.
Register, March, 1980, No. 291
, eff. 6-1-80.