Tex. Insurance Code § 551.1041
This is the official text of Tex. Insurance Code § 551.1041, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 551.1041. RULEMAKING AUTHORITY RELATING TO NOTICE OF CANCELLATION OF CERTAIN PERSONAL AUTOMOBILE INSURANCE COVERAGES.
Official statutory text
The commissioner shall exercise the commissioner's rulemaking authority to adopt rules under which an insurer that cancels a personal automobile insurance policy that provides comprehensive or collision physical damage coverage for an automobile that is subject to a purchase money lien is required to notify the lienholder, if known, that the coverage will be canceled.
Status: in_force · Read it on the official government site
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