Tex. Fin. Code § 345.215 · Subchapter E. INSURANCE
EFFECT OF ADDING PREMIUM TO CONTRACT OR AGREEMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If a premium is added to the unpaid balance of a retail installment contract under Section 345.206 or 345.214, the rate of time price differential agreed to in the retail installment contract remains in effect and shall be applied to the new unpaid balance or the contract may be rescheduled in accordance with Section 345.070.
(b) If a premium is added under a retail charge agreement, the premium shall be added to the unpaid balance under the 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 9b1d6d1cddb7b97c71015561d8a076b8f18ec98cdfd40e3f10c35b30a00a9be9
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Finance Code
- Tex. Fin. Code § 345.070AMENDMENT OF CONTRACT.Printed as Section 345.070
- Tex. Fin. Code § 345.206BUYER'S FAILURE TO PROVIDE EVIDENCE OF INSURANCE.Printed as Section 345.206 or 345.214
- Tex. Fin. Code § 345.214ADDING TO RETAIL INSTALLMENT CONTRACT PREMIUMS FOR INSURANCE ACQUIRED AFTER TRANSACTION.Printed as Section 345.206 or 345.214
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.