Tex. Fin. Code § 342.407 · Subchapter I. INSURANCE
REQUIREMENTS FOR INCLUDING INSURANCE CHARGE IN CONTRACT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm
- Text hash
- sha256 377d3473839c41e411845d2a1053de476735bf5012db1c3927d41518b2e439fb
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 342.407. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.