Tex. Finance Code § 347.205
This is the official text of Tex. Finance Code § 347.205, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 347.205. STATEMENT FOR PURCHASE OF OPTIONAL INSURANCE.
Official statutory text
(a) A consumer who elects to purchase optional insurance must sign a statement that:
(1) indicates the consumer's election; and
(2) describes the term, premium, and type of insurance purchased.
(b) The statement may be a part of the credit document or a part of a separate document.
(1) indicates the consumer's election; and
(2) describes the term, premium, and type of insurance purchased.
(b) The statement may be a part of the credit document or a part of a separate document.
Status: in_force · Read it on the official government site
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