Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 5. OFFICE OF CONSUMER CREDIT COMMISSIONER |
CHAPTER 84. MOTOR VEHICLE INSTALLMENT SALES |
SUBCHAPTER C. INSURANCE AND DEBT CANCELLATION AGREEMENTS |
SECTION 84.305. Collateral Protection Insurance
Latest version.
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If a holder of a motor vehicle retail installment sales contract involving an ordinary vehicle arranges for collateral protection insurance and assesses a charge for the insurance to the retail buyer, the holder must comply with the provisions of Texas Finance Code, Chapter 307.
Source Note: The provisions of this §84.305 adopted to be effective July 10, 2008, 33 TexReg 5280; amended to be effective November 5, 2009, 34 TexReg 7607