40-2611. Delinquency charge.
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/ks/chapter-40/40-2611A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
40-2611. Delinquency charge. A premium finance agreement may provide for the payment by the insured of a delinquency charge of $5 plus an amount not to exceed 2% of the delinquent installment on any installment which is in default for a period of five days or more.