Tex. Ins. Code § 1131.452
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
All individuals who become borrowers, or purchasers of securities, merchandise, or other property, under an agreement to pay the borrowed amount or to pay the balance of the price of the securities, merchandise, or other property purchased, are eligible for insurance under the policy.
Tex. Ins. Code § 1131.452