Single Interest Policy Prohibited

Tex. Finance Code § 347.210, under Chapter 347.

Tex. Finance Code § 347.210

Sec. 347.210. SINGLE INTEREST POLICY PROHIBITED. Insurance that protects only the interest of the creditor is prohibited and may not be financed as part of a credit transaction. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.