Texas Statutes

§ 1153.203 — CERTAIN REFUNDS OR ADJUSTMENTS REQUIRED.

Texas § 1153.203
JurisdictionTexas
Code INInsurance Code

This text of Texas § 1153.203 (CERTAIN REFUNDS OR ADJUSTMENTS REQUIRED.) 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. Insurance Code Code Ann. § 1153.203 (2026).

Text

Sec. 1153.203. CERTAIN REFUNDS OR ADJUSTMENTS REQUIRED.

(a)If the beginning of the term of insurance is delayed under Section 1153.157 (c), the charge to the debtor for insurance shall be adjusted or the appropriate amount shall be refunded to the debtor.
(b)If insurance is substituted under Section 1153.158 (c) and the amount of premium for the substituted insurance is less than the amount specified in the application or notice of proposed insurance, the appropriate amount shall be refunded to the debtor.
(c)If a creditor requires a debtor to make any payment for credit life insurance or credit accident and health insurance and an individual policy or group certificate of insurance is not issued, the creditor shall:
(1)immediately give written notice to the debtor; and
(2)promptly ma

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Legislative History

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

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Bluebook (online)
Texas § 1153.203, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/1153.203.