{"data":{"id":"us-tx/tex.-finance-code-347.209","jurisdiction":"us-tx","citation":"Tex. Finance Code § 347.209","heading":"CREDITOR'S DUTY IF INSURANCE IS CANCELED, ADJUSTED, OR TERMINATED.","body":"(a) If insurance for which a charge is included in a credit transaction is canceled, adjusted, or terminated, the creditor shall:\n(1) credit to the final maturing installments of the credit transaction the amount of the refund received by the creditor for unearned insurance premiums; and\n(2) if the amount to be credited under Subdivision (1) is more than the unpaid balance of the credit transaction, refund to the consumer the difference between those amounts.\n(b) A cash refund is not required under this section if the amount of the refund is less than $1.\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#347.209","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"311534816cc3ca23a12afb4c10bf75f76f0e07e822ba07b6ded18f02979d3abc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-347.208","next":"us-tx/tex.-finance-code-347.210"},"notice":"GroundRules: Original legal text. Not legal advice."}