Tex. Insurance Code § 551.1041
RULEMAKING AUTHORITY RELATING TO NOTICE OF CANCELLATION OF CERTAIN PERSONAL AUTOMOBILE INSURANCE COVERAGES
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 551.1041, RULEMAKING AUTHORITY RELATING TO NOTICE OF CANCELLATION OF CERTAIN PERSONAL AUTOMOBILE INSURANCE COVERAGES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/678489
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Full text
The commissioner shall exercise the commissioner's rulemaking authority to adopt rules under which an insurer that cancels a personal automobile insurance policy that provides comprehensive or collision physical damage coverage for an automobile that is subject to a purchase money lien is required to notify the lienholder, if known, that the coverage will be canceled.