Insurance Disclosures In Credit Document

Sec. 347.207. INSURANCE DISCLOSURES IN CREDIT DOCUMENT. A credit document must disclose: (1) the term, premium, and type of insurance the cost of which is included in the unpaid balance of the credit transaction; or (2) the term and type of insurance required in accordance with this chapter if the cost of the insurance is not included in the unpaid balance. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.