Texas Finance Code
§ 345.207 — CHARGES FOR OTHER INSURANCE INCLUDED IN RETAIL INSTALLMENT CONTRACT
FI § 345.207Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 345. RETAIL INSTALLMENT SALES · Art. E. INSURANCE
Statute text
View on sourceA retail buyer and retail seller may agree in a retail installment contract to include charges for insurance coverage that is:
(1)for risk of loss or liability reasonably related to:
(A)the goods or services sold;
(B)the anticipated use of the goods or services sold; or
(C)goods or services that:
(i)are related to the goods or services sold; and
…
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.