Sec. 347.252. PAYMENT OF INSURANCE PREMIUMS WITH INSTALLMENTS. For insurance coverage required under Section 347.201 in the second and subsequent years of the credit transaction, a creditor may require the consumer to pay on each installment due date an amount equal to one-twelfth of the reasonably estimated yearly premium.
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
Subchapter F. Payment of Insurance and Taxes
Section 347.251. Financing Insurance
Section 347.252. Payment of Insurance Premiums With Installments
Section 347.253. Adjustment of Amounts Paid to Creditor for Insurance
Section 347.254. Payment of Taxes Through the Creditor
Section 347.255. Adjustment of Amounts Paid to Creditor for Taxes
Section 347.256. Creditor's Action on Consumer's Failure to Pay Taxes
Section 347.257. Agreement to Include Taxes in Credit Transaction
Section 347.258. Deposit Amounts Paid for Taxes or Insurance