Sec. 348.205. STATEMENT IF LIABILITY INSURANCE NOT INCLUDED IN CONTRACT. If liability insurance coverage for bodily injury and property damage caused to others is not included in a retail installment contract, the retail installment contract or a separate writing must contain, in at least 10-point type that is bold-faced, capitalized, underlined, or otherwise conspicuously set out from the surrounding written material, a specific statement that liability insurance coverage for bodily injury and property damage caused to others is not included.
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 348 - Motor Vehicle Installment Sales
Section 348.201. Property Insurance
Section 348.202. Credit Life and Credit Health and Accident Insurance
Section 348.203. Maximum Amount of Credit Life and Credit Health and Accident Coverage
Section 348.204. Insurance Statement
Section 348.205. Statement if Liability Insurance Not Included in Contract
Section 348.206. Insurance May Be Furnished by Buyer
Section 348.207. Buyer's Failure to Provide Evidence of Insurance
Section 348.209. Requirements for Including Insurance Cost in Contract
Section 348.210. Delivery of Insurance Document to Buyer
Section 348.211. Holder's Duty if Insurance Is Adjusted or Terminated
Section 348.212. Gain or Advantage From Insurance Not Additional Charge
Section 348.214. Effect of Adding Premium to Contract
Section 348.215. Financing Entity May Not Require Insurance From Particular Source