Texas Finance Code
§ 353.207 — CHARGES FOR OTHER INSURANCE AND FORMS OF PROTECTION INCLUDED IN RETAIL INSTALLMENT CONTRACT
FI § 353.207Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 353. COMMERCIAL MOTOR VEHICLE INSTALLMENT SALES · Art. C. INSURANCE
Statute text
View on source(a)A retail installment contract may include as a separate charge an amount for insurance coverage that is:
(1)for a risk of loss or liability reasonably related to:
(A)the commercial vehicle;
(B)the use of the commercial vehicle; or
(C)goods or services that:
(i)are related to the commercial vehicle; and
…
Legislative history
Acts 2013, 83rd Leg., R.S., Ch. 1207 (S.B. 1388), Sec. 2, eff. September 1, 2013.