Tex. Ins. Code § 1153.159 · Subchapter D. CREDIT INSURANCE REQUIREMENTS
REQUIREMENTS RELATING TO APPLICATION FOR INSURANCE OR NOTICE OF PROPOSED INSURANCE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A copy of an application for insurance or a notice of proposed insurance delivered under Section 1153.158 must:
(1) be signed by the debtor;
(2) specify:
(A) the name and home office address of the insurer;
(B) the name of each debtor;
(C) the full amount of the premium or the total identifiable insurance charge, if any, to be paid by the debtor, separately for credit life insurance and credit accident and health insurance; and
(D) the amount, term, and a brief description of the coverage to be provided;
(3) refer exclusively to insurance coverage;
(4) be separate from the instrument or agreement for the loan or sale or other credit statement of account, unless the information required by this section is prominently set forth in that instrument, agreement, or statement; and
(5) provide that on acceptance by the insurer, the insurance becomes effective as provided by Section 1153.157.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1153.htm
- Text hash
- sha256 a16193af461494d07d2fbdcaacbb996b74cef2d46ff97b1c291ccc4e899f9ec8
- 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.
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 1153.159. 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.