Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 346.201: INSURANCE; COLLATERAL.

Where this section sits in the code

FINANCE CODE
TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
CHAPTER 346. REVOLVING CREDIT ACCOUNTS
SUBCHAPTER C. CREDITOR'S DUTIES AND AUTHORITY

In connection with a revolving credit account, a creditor may require or take insurance subject to the provisions of Chapter 342, relating to insurance, as if the revolving credit account were a loan contract under that chapter. A creditor may require or take real or personal property as collateral.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.55, eff. Sept. 1, 1999; Acts 2003, 78th Leg., ch. 887, Sec. 4, eff. Sept. 1, 2003.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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