Tex. Fin. Code § 345.202 · Subchapter E. INSURANCE
CREDIT LIFE, CREDIT HEALTH AND ACCIDENT, AND CREDIT INVOLUNTARY UNEMPLOYMENT INSURANCE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) As additional protection for the contract or agreement, a holder may:
(1) request or require a retail buyer to provide credit life insurance and credit health and accident insurance; and
(2) request or allow a retail buyer to provide credit involuntary unemployment insurance.
(b) A holder may include the cost of insurance provided under Subsection (a) as a separate charge in the contract or agreement.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.345.htm
- Text hash
- sha256 6d294232206cb34f3855ac045e18532cccf7fb6167cfa1476d36d081ff7a5342
- 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 2 provisions
Provisions in this library whose text cites Tex. Fin. Code § 345.202. 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.