Tex. Ins. Code § 1131.453

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1131.453 - Payment of Premiums

The policyholder must pay the premium for the policy from:

(1) the creditor's funds;

(2) charges collected from the insured debtors; or

(3) both the creditor's funds and charges collected from the insured debtors.

Tex. Ins. Code § 1131.453

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.