DEFAULT CHARGE.

Tex. INS Code § 651.159.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A premium finance agreement may provide for the payment of a default charge by the insured as provided by Section 342.203 , Finance Code, this code, or a rule adopted under those statutes. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements