Texas Finance Code

§ 342.414 — DECLINATION OF EQUAL INSURANCE COVERAGE PROHIBITED

FI § 342.414Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 342. CONSUMER LOANS · Art. I. INSURANCE

Statute text

View on source

A lender may not decline at any time existing insurance coverage providing substantially equal benefits that comply with this subchapter.

Legislative history

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.