Texas Insurance Code

§ 651.156 — TAKING OF INCOMPLETE PREMIUM FINANCE AGREEMENT PROHIBITED

IN § 651.156Title 5. PROTECTION OF CONSUMER INTERESTS · Part E. PREMIUM FINANCING · Ch. 651. FINANCING OF INSURANCE PREMIUMS · Art. D. PREMIUM FINANCE AGREEMENTS

Statute text

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A license holder may not take a premium finance agreement that has not been fully completed and executed at the time the agreement is executed.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.