ADDING TO RETAIL INSTALLMENT CONTRACT PREMIUMS FOR INSURANCE ACQUIRED AFTER TRANSACTION.
Tex. FIN Code § 353.210.
in effect(a) A retail buyer and holder may agree to add to the unpaid balance of a retail installment contract premiums for insurance policies obtained after the date of the retail installment transaction for coverages of the types allowed under Sections 353.201 , 353.202 , and 353.207 , including premiums for the renewal of a policy included in the contract.
(b) A policy of insurance described by Subsection (a) must comply with the requirements of Sections 353.201 , 353.202 , 353.203 , and 353.207 , as applicable.
Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559 ), Sec. 17, eff. September 1, 2011.
