Tex. Insurance Code § 651.157: PERFECTION OF PREMIUM FINANCE AGREEMENT AS SECURED TRANSACTION: FILING NOT REQUIRED.
Where this section sits in the code
- INSURANCE CODE
- TITLE 5. PROTECTION OF CONSUMER INTERESTS
- SUBTITLE E. PREMIUM FINANCING
- CHAPTER 651. FINANCING OF INSURANCE PREMIUMS
- SUBCHAPTER D. PREMIUM FINANCE AGREEMENTS
Filing of a premium finance agreement or a financing statement is not necessary to perfect the agreement as a secured transaction against a creditor, subsequent purchaser, pledgee, encumbrancer, successor, or assign of the insured or any other party.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Collected 2026-08-27T01:47:21Z. Source file · JSON