Tex. Fin. Code § 348.215 · Subchapter C. INSURANCE
FINANCING ENTITY MAY NOT REQUIRE INSURANCE FROM PARTICULAR SOURCE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a retail installment contract presented to a financing entity for acceptance includes any insurance coverage, the financing entity may not directly or indirectly require, as a condition of its agreement to finance the motor vehicle, that the retail buyer purchase the insurance coverage from a particular source.
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.348.htm
- Text hash
- sha256 c1096910e6e6022f6f72f163d96317927caa2a81bc9d509a620f3f516f545d98
- 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
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.