Texas § 345.207 CHARGES FOR OTHER INSURANCE INCLUDED IN RETAIL INSTALLMENT CONTRACT.

Texas Statutes

§ 345.207 — CHARGES FOR OTHER INSURANCE INCLUDED IN RETAIL INSTALLMENT CONTRACT.

Texas § 345.207

Code FIFinance Code

This text of Texas § 345.207 (CHARGES FOR OTHER INSURANCE INCLUDED IN RETAIL INSTALLMENT CONTRACT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 345.207 (2026).

Text

Sec. 345.207. CHARGES FOR OTHER INSURANCE INCLUDED IN RETAIL INSTALLMENT CONTRACT. A retail buyer and retail seller may agree in a retail installment contract to include charges for insurance coverage that is:

(1)for risk of loss or liability reasonably related to:

(A)the goods or services sold;

(B)the anticipated use of the goods or services sold; or

(C)goods or services that:

(i)are related to the goods or services sold; and

(ii)may be insured with the goods and services sold;

(2)written on policies or endorsement forms prescribed or approved by the commissioner of insurance; and

(3)ordinarily offered in policies or endorsements offered to the public.

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Sec. 345.207. CHARGES FOR OTHER INSURANCE INCLUDED IN RETAIL INSTALLMENT CONTRACT. A retail buyer and retail seller may agree in a retail installment contract to include charges for insurance coverage that is:
(1) for risk of loss or liability reasonably related to:
(A) the goods or services sold;
(B) the anticipated use of the goods or services sold; or
(C) goods or services that:
(i) are related to the goods or services sold; and
(ii) may be insured with the goods and services sold;
(2) written on policies or endorsement forms prescribed or approved by the commissioner of insurance; and
(3) ordinarily offered in policies or endorsements offered to the public.