{"data":{"id":"us-tx/tex.-insurance-code-651.111","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 651.111","heading":"DECEPTIVE ADVERTISING PROHIBITED.","body":"(a) A license holder may not advertise or cause to be advertised in any manner any false, misleading, or deceptive statement or representation with regard to the rates, terms, or conditions of a premium finance agreement.\n(b) If rates or charges are stated in advertising, the license holder must express the rates or charges in terms of a simple annual percentage rate as defined by federal law.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 5. PROTECTION OF CONSUMER INTERESTS","SUBTITLE E. PREMIUM FINANCING","CHAPTER 651. FINANCING OF INSURANCE PREMIUMS","SUBCHAPTER C. REGULATION OF INSURANCE PREMIUM FINANCE COMPANIES AND OTHERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.651.htm#651.111","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"13f2c478db3d5e67a50b14b48f36fd601b4945de3d9dbc4927d0b3bcbefa8175","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-651.110","next":"us-tx/tex.-insurance-code-651.151"},"notice":"GroundRules: Original legal text. Not legal advice."}