{"data":{"id":"us-tx/tex.-insurance-code-1153.161","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1153.161","heading":"INSURANCE MAY BE PROVIDED BY DEBTOR.","body":"If credit life insurance or credit accident and health insurance is required as additional security for a debt, the debtor, on request to the creditor, may provide the required amount of insurance through:\n(1) an existing insurance policy owned or controlled by the debtor; or\n(2) an insurance policy obtained from an insurer authorized to engage in the business of insurance in this state.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE C. SPECIALIZED COVERAGES","CHAPTER 1153. CREDIT LIFE INSURANCE AND CREDIT ACCIDENT AND HEALTH INSURANCE","SUBCHAPTER D. CREDIT INSURANCE REQUIREMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1153.htm#1153.161","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"c99723da6498612c0cea3281a6d25754a734ccdff3935d05950b9bd86bf7e260","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1153.160","next":"us-tx/tex.-insurance-code-1153.201"},"notice":"GroundRules: Original legal text. Not legal advice."}