Tex. Finance Code § 348.202
This is the official text of Tex. Finance Code § 348.202, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 348.202. CREDIT LIFE AND CREDIT HEALTH AND ACCIDENT INSURANCE.
Official statutory text
(a) As additional protection for the contract, a holder may request or require a retail buyer to provide credit life insurance and credit health and accident insurance.
(b) As additional protection for the contract, a seller may offer involuntary unemployment insurance to the buyer at the time the contract is executed.
(c) A holder may include the cost of insurance provided under Subsection (a) or (b), and a policy or agent fee charged in connection with insurance provided under Subsection (a) or (b), as a separate charge in the contract.
(b) As additional protection for the contract, a seller may offer involuntary unemployment insurance to the buyer at the time the contract is executed.
(c) A holder may include the cost of insurance provided under Subsection (a) or (b), and a policy or agent fee charged in connection with insurance provided under Subsection (a) or (b), as a separate charge in the contract.
Status: in_force · Read it on the official government site
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