Sec. 651.152. OTHER REQUIRED CONTENTS. In addition to the items required by Section 651.151 , a premium finance agreement must contain the following, as applicable: (1) the finance charge expressed as an annual percentage rate, using the term "annual percentage rate"; (2) the number of installments required under the agreement; (3) the amount of each installment expressed in dollars; (4) the due date or period of each installment; (5) the amount or method of computing the amount of any default or delinquency charge that is payable in the event of late payment; and (6) the method of computing any unearned portion of the finance charge in the event of prepayment of the obligation.
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