Texas Finance Code

§ 347.210 — SINGLE INTEREST POLICY PROHIBITED

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FI § 347.210Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 347. MANUFACTURED HOME CREDIT TRANSACTIONS · Art. E. INSURANCE

Statute text

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Insurance that protects only the interest of the creditor is prohibited and may not be financed as part of a credit transaction.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.