A lender may not decline at any time existing insurance coverage providing substantially equal benefits that comply with this subchapter.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 4 › Chapter 342 › Subchapter I
Texas Finance Code § 342.414
Declination of Equal Insurance Coverage Prohibited
Consumer Loans · Insurance
Legislative history
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.