{"data":{"id":"us-tx/tex.-finance-code-347.204","jurisdiction":"us-tx","citation":"Tex. Finance Code § 347.204","heading":"PURCHASE OF ADDITIONAL INSURANCE AFTER DATE OF CREDIT DOCUMENT.","body":"(a) A consumer may:\n(1) purchase any insurance authorized by this chapter after the date of the credit document; and\n(2) include the amount of the insurance premium in the unpaid balance of the credit transaction.\n(b) Interest accrues on the insurance premium at a rate that does not exceed the interest rate or time price differential applicable to the credit transaction on the date the insurance is purchased.\n(c) The additional insurance premium and interest may be paid in any period and any number of installments to which the consumer and creditor agree.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 347. MANUFACTURED HOME CREDIT TRANSACTIONS","SUBCHAPTER E. INSURANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.347.htm#347.204","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"50bf05e35ae8e8f5844911b77cdb072d3cd48c8d62a9261bca031a9770cb9a89","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-347.203","next":"us-tx/tex.-finance-code-347.205"},"notice":"GroundRules: Original legal text. Not legal advice."}