Sec. 1131.453. PAYMENT OF PREMIUMS. The policyholder must pay the premium for the policy from: (1) the creditor's funds; (2) charges collected from the insured debtors; or (3) both the creditor's funds and charges collected from the insured debtors. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Payment of Premiums
Tex. Insurance Code § 1131.453, under Chapter 1131.
Tex. Insurance Code § 1131.453