Sec. 549.054. REQUIRING EVIDENCE OF INSURANCE BEFORE TERMINATION OF POLICY. A lender may not require a borrower to provide evidence of insurance earlier than the 15th day before the termination date of an existing insurance policy.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 549 - Prohibited Practices Relating to Property Insurance
Subchapter B. Prohibited Practices
Section 549.051. Fees for Substitution or Replacement of Policy
Section 549.052. Requiring Policy From Particular Source
Section 549.053. Use of Policy Information
Section 549.054. Requiring Evidence of Insurance Before Termination of Policy
Section 549.055. Insurance Binder as Evidence of Insurance