§ 27-29-13.1 — § 27-29-13.1. Late payment of premium.
This text of Rhode Island § 27-29-13.1 (§ 27-29-13.1. Late payment of premium.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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§ 27-29-13.1. Late payment of premium.
An insurer may levy and collect a maximum fee or charge of ten dollars ($10.00) for any late payment of premium by a policyholder for any property, casualty, fire and marine or liability policy of insurance. A late fee may not be imposed unless payment is received more than five (5) business days following the date payment is due.
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Rhode Island § 27-29-13.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/27-29-13.1.