Texas § FI.345.215 - EFFECT OF ADDING PREMIUM TO CONTRACT OR AGREEMENT
Full text of Texas The Texas Constitution § FI.345.215 — EFFECT OF ADDING PREMIUM TO CONTRACT OR AGREEMENT, with citation guidance and answers to common questions.
§ FI.345.215. EFFECT OF ADDING PREMIUM TO CONTRACT OR AGREEMENT
EFFECT OF ADDING PREMIUM TO CONTRACT OR AGREEMENT. (a) If a premium is added to the unpaid balance of a retail installment contract under Section 345.206 or 345.214 , the rate of time price differential agreed to in the retail installment contract remains in effect and shall be applied to the new unpaid balance or the contract may be rescheduled in accordance with Section 345.070 . (b) If a premium is added under a retail charge agreement, the premium shall be added to the unpaid balance under the agreement. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. SUBCHAPTER F. SPECIAL FEES AND FINANCE RATES
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.345.215
What does The Texas Constitution § FI.345.215 cover?
Section FI.345.215 ("EFFECT OF ADDING PREMIUM TO CONTRACT OR AGREEMENT") 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.345.215?
A common citation format is "The Texas Constitution § FI.345.215" (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.345.215 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.