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Tex. Finance Code § 347.205

STATEMENT FOR PURCHASE OF OPTIONAL INSURANCE

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 347.205, STATEMENT FOR PURCHASE OF OPTIONAL INSURANCE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647497
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(a) A consumer who elects to purchase optional insurance must sign a statement that: (1) indicates the consumer's election; and (2) describes the term, premium, and type of insurance purchased. (b) The statement may be a part of the credit document or a part of a separate document.