Texas § FI.347.209 - CREDITOR'S DUTY IF INSURANCE IS CANCELED, ADJUSTED, OR TERMINATED
Full text of Texas The Texas Constitution § FI.347.209 — CREDITOR'S DUTY IF INSURANCE IS CANCELED, ADJUSTED, OR TERMINATED, with citation guidance and answers to common questions.
§ FI.347.209. CREDITOR'S DUTY IF INSURANCE IS CANCELED, ADJUSTED, OR TERMINATED
CREDITOR'S DUTY IF INSURANCE IS CANCELED, ADJUSTED, OR TERMINATED. (a) If insurance for which a charge is included in a credit transaction is canceled, adjusted, or terminated, the creditor shall: (1) credit to the final maturing installments of the credit transaction the amount of the refund received by the creditor for unearned insurance premiums; and (2) if the amount to be credited under Subdivision (1) is more than the unpaid balance of the credit transaction, refund to the consumer the difference between those amounts. (b) A cash refund is not required under this section if the amount of the refund is less than $1. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.347.209
What does The Texas Constitution § FI.347.209 cover?
Section FI.347.209 ("CREDITOR'S DUTY IF INSURANCE IS CANCELED, ADJUSTED, OR TERMINATED") 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 § FI.347.209?
A common citation format is "The Texas Constitution § FI.347.209" (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 § FI.347.209 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
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