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TITLE 7 | BANKING AND SECURITIES |
PART 5 | OFFICE OF CONSUMER CREDIT COMMISSIONER |
CHAPTER 83 | REGULATED LENDERS AND CREDIT ACCESS BUSINESSES |
SUBCHAPTER A | RULES FOR REGULATED LENDERS |
DIVISION 9 | INSURANCE |
RULE §83.811 | Nonfiling Insurance |
Historical | Texas Register |
If a Texas Finance Code, Chapter 342 loan is renewed and a charge was assessed for nonfiling insurance in the original loan, a new charge for nonfiling insurance may not be assessed or contracted for in the renewed loan unless the term of the renewed loan extends more than five years after the date of the original loan. If different collateral is substituted or added to a loan, then a new charge for nonfiling insurance may be assessed. |
Source Note: The provisions of this §83.811 adopted to be effective November 9, 2006, 31 TexReg 9001 |