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TITLE 7BANKING AND SECURITIES
PART 5OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 83REGULATED LENDERS AND CREDIT ACCESS BUSINESSES
SUBCHAPTER ARULES FOR REGULATED LENDERS
DIVISION 9INSURANCE
RULE §83.811Nonfiling Insurance

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

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