Tex. Fin. Code § 342.407

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 342.407 - Requirements for Including Insurance Charge in Contract

Insurance for which a charge is included in a loan contract must be written:

(1) at lawful rates;

(2) in accordance with the Insurance Code; and

(3) by a company authorized to do business in this state.

Tex. Fin. Code § 342.407

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. 9/1/1999.