Tex. Ins. Code § 651.163 · Subchapter D. PREMIUM FINANCE AGREEMENTS
ASSIGNMENT OF PREMIUM FINANCE AGREEMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Unless the insured has notice of an actual or intended assignment of a premium finance agreement, payment by an insured under the agreement to the last known holder of the agreement is binding on all subsequent holders or assignees.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.651.htm
- Text hash
- sha256 ba4b3e5e88292de7a69169aaf226b35c59e98da237af20bdb17616b5e4a448ab
- 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.