REQUIREMENTS FOR INCLUDING INSURANCE CHARGE IN CONTRACT.
Tex. FIN Code § 342.407.
in effectInsurance for which a charge is included in a loan contract must be written:
(1) at lawful rates;
(2) in accordance with the Insurance Code; and
(3) by a company authorized to do business in this state.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
