Tex. Finance Code § 347.252

This is the official text of Tex. Finance Code § 347.252, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 347.252. PAYMENT OF INSURANCE PREMIUMS WITH INSTALLMENTS.

Official statutory text

For insurance coverage required under Section 347.201 in the second and subsequent years of the credit transaction, a creditor may require the consumer to pay on each installment due date an amount equal to one-twelfth of the reasonably estimated yearly premium.

Status: in_force · Read it on the official government site

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