Texas § FI.347.202 - STATEMENT OF REQUIRED INSURANCE
Full text of Texas The Texas Constitution § FI.347.202 — STATEMENT OF REQUIRED INSURANCE, with citation guidance and answers to common questions.
§ FI.347.202. STATEMENT OF REQUIRED INSURANCE
STATEMENT OF REQUIRED INSURANCE. (a) If insurance is required in connection with a credit transaction, the creditor shall give to the consumer a statement that clearly and conspicuously states that: (1) insurance is required in connection with the transaction; and (2) the consumer as an option may obtain and furnish equivalent insurance coverage through an insurance policy obtained from an insurance company authorized to do business in this state subject to the limitations of Section 347.208 . (b) The statement may be made with or be a part of the credit document. 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.347.202
What does The Texas Constitution § FI.347.202 cover?
Section FI.347.202 ("STATEMENT OF REQUIRED INSURANCE") 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.347.202?
A common citation format is "The Texas Constitution § FI.347.202" (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.347.202 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.