Texas § IN.1153.161 - INSURANCE MAY BE PROVIDED BY DEBTOR

Full text of Texas The Texas Constitution § IN.1153.161 — INSURANCE MAY BE PROVIDED BY DEBTOR, with citation guidance and answers to common questions.

§ IN.1153.161. INSURANCE MAY BE PROVIDED BY DEBTOR

INSURANCE MAY BE PROVIDED BY DEBTOR. If credit life insurance or credit accident and health insurance is required as additional security for a debt, the debtor, on request to the creditor, may provide the required amount of insurance through: (1) an existing insurance policy owned or controlled by the debtor; or (2) an insurance policy obtained from an insurer authorized to engage in the business of insurance in this state. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. SUBCHAPTER E. CHARGES, REFUNDS, ADJUSTMENTS, AND CLAIMS

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § IN.1153.161

What does The Texas Constitution § IN.1153.161 cover?

Section IN.1153.161 ("INSURANCE MAY BE PROVIDED BY DEBTOR") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § IN.1153.161?

A common citation format is "The Texas Constitution § IN.1153.161" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § IN.1153.161 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.