Sec. 347.207. INSURANCE DISCLOSURES IN CREDIT DOCUMENT. A credit document must disclose:
(1) the term, premium, and type of insurance the cost of which is included in the unpaid balance of the credit transaction; or
(2) the term and type of insurance required in accordance with this chapter if the cost of the insurance is not included in the unpaid balance.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 347 - Manufactured Home Credit Transactions
Section 347.201. Property Insurance
Section 347.202. Statement of Required Insurance
Section 347.203. Consumer's Failure to Obtain Required Insurance
Section 347.204. Purchase of Additional Insurance After Date of Credit Document
Section 347.205. Statement for Purchase of Optional Insurance
Section 347.206. Requirements for Insurance Charge in Credit Transaction
Section 347.207. Insurance Disclosures in Credit Document
Section 347.208. Creditor May Refuse to Accept Policy
Section 347.209. Creditor's Duty if Insurance Is Canceled, Adjusted, or Terminated
Section 347.210. Single Interest Policy Prohibited
Section 347.211. Gain or Advantage From Insurance Not Charge