7 Tex. Admin. Code § 83.811

Current through Reg. 49, 16; April 19, 2024
Section 83.811 - Nonfiling Insurance

If a Texas Finance Code, Chapter 342 loan is renewed and a charge was assessed for nonfiling insurance in the original loan, a new charge for nonfiling insurance may not be assessed or contracted for in the renewed loan unless the term of the renewed loan extends more than five years after the date of the original loan. If different collateral is substituted or added to a loan, then a new charge for nonfiling insurance may be assessed.

7 Tex. Admin. Code § 83.811

The provisions of this §83.811 adopted to be effective November 9, 2006, 31 TexReg 9001