Required Agent Or Broker Prohibited

Tex. Finance Code § 342.413, under Chapter 342.

Tex. Finance Code § 342.413

Sec. 342.413. REQUIRED AGENT OR BROKER PROHIBITED. A lender may not by any direct or indirect method require the purchase of insurance from an agent or broker designated by the lender. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.