Tex. Ins. Code § 651.163

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 651.163 - Assignment of Premium Finance Agreement

Unless the insured has notice of an actual or intended assignment of a premium finance agreement, payment by an insured under the agreement to the last known holder of the agreement is binding on all subsequent holders or assignees.

Tex. Ins. Code § 651.163

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.