Tex. Finance Code § 348.215: FINANCING ENTITY MAY NOT REQUIRE INSURANCE FROM PARTICULAR SOURCE.
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 348. MOTOR VEHICLE INSTALLMENT SALES
- SUBCHAPTER C. INSURANCE
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.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Collected 2026-08-27T01:47:13Z. Source file · JSON