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Current as of January 01, 2024 | Updated by Findlaw Staff
A creditor may not charge a debtor for credit life or credit accident and health insurance issued to the debtor an amount that exceeds the amount of the premium that the insurer charges the creditor for that insurance, as computed at the time the charge to the debtor is determined.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1153.201. Maximum Amount of Insurance Charge to Debtor - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1153-201/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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