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Texas Insurance Code - INS § 557.006. Interest Not Required on Insurance Proceeds Applied to Reduce Note

Current as of January 01, 2024 | Updated by Findlaw Staff

A lender is not required to pay interest on insurance proceeds applied, in accordance with the terms and conditions of a deed of trust or other security agreement, to reduce a note.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 557.006. Interest Not Required on Insurance Proceeds Applied to Reduce Note - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-557-006/

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