Tex. Fin. Code § 345.207 · Subchapter E. INSURANCE
CHARGES FOR OTHER INSURANCE INCLUDED IN RETAIL INSTALLMENT CONTRACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A retail buyer and retail seller may agree in a retail installment contract to include charges for insurance coverage that is:
(1) for risk of loss or liability reasonably related to:
(A) the goods or services sold;
(B) the anticipated use of the goods or services sold; or
(C) goods or services that:
(i) are related to the goods or services sold; and
(ii) may be insured with the goods and services sold;
(2) written on policies or endorsement forms prescribed or approved by the commissioner of insurance; and
(3) ordinarily offered in policies or endorsements offered to the public.
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 c313acdd50141518eb1b41922a3bc77d714c1423f6ae24a36aabd414f0849cc4
- 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 3 provisions
Provisions in this library whose text cites Tex. Fin. Code § 345.207. Each shows the citation as that text prints it.
Finance Code
- Tex. Fin. Code § 345.205INSURANCE MAY BE FURNISHED BY BUYER.Printed as Section 345.201, 345.202, or 345.207
- Tex. Fin. Code § 345.208REQUIREMENTS FOR INCLUDING INSURANCE CHARGE IN CONTRACT OR AGREEMENT.Printed as Section 345.201, 345.202, or 345.207 | Section 345.207
- Tex. Fin. Code § 345.214ADDING TO RETAIL INSTALLMENT CONTRACT PREMIUMS FOR INSURANCE ACQUIRED AFTER TRANSACTION.Printed as Sections 345.201, 345.203, 345.207, and 345.208
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.