Tex. Fin. Code § 342.413

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 342.413 - Required Agent or Broker Prohibited

A lender may not by any direct or indirect method require the purchase of insurance from an agent or broker designated by the lender.

Tex. Fin. Code § 342.413

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