Texas Finance Code § 348.215 Financing Entity May Not Require Insurance From Particular Source

Sec. 348.215. FINANCING ENTITY MAY NOT REQUIRE INSURANCE FROM PARTICULAR SOURCE. If a retail installment contract presented to a financing entity for acceptance includes any insurance coverage, the financing entity may not directly or indirectly require, as a condition of its agreement to finance the motor vehicle, that the retail buyer purchase the insurance coverage from a particular source.

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

Section: Previous  348.208  348.209  348.210  348.211  348.212  348.213  348.214  348.215  348.301  348.302  348.303  348.403  348.404  348.405  348.406  Next

Last modified: September 28, 2016