Texas § IN.1153.004 - APPLICABILITY OF CHAPTER
Full text of Texas The Texas Constitution § IN.1153.004 — APPLICABILITY OF CHAPTER, with citation guidance and answers to common questions.
§ IN.1153.004. APPLICABILITY OF CHAPTER
APPLICABILITY OF CHAPTER. (a) This chapter applies to life insurance and accident and health insurance that is sold in connection with a credit transaction that is charged to or paid for by, in whole or part, the debtor, except insurance that is issued or sold: (1) in connection with a credit transaction of more than 10 years' duration; (2) in connection with a credit transaction that is: (A) secured by a first mortgage or deed of trust; and (B) made to: (i) finance the purchase of commercial real property or the construction of or improvement to a building, other than a single-family dwelling, on the real property if the purchase, construction, or improvement is secured by a lien on the real property; or (ii) refinance a credit transaction made for a purpose described by Subparagraph (i); or (3) as an isolated transaction on the part of the insurer that is not related to an agreement or a plan for insuring debtors of the creditor. (b) This chapter applies to insurance described by Subsection (a) regardless of the nature, kind, or plan of the credit insurance coverage or premium payment system and regardless of whether the credit insurance is charged to or paid for by the debtor directly or indirectly. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.1153.004
What does The Texas Constitution § IN.1153.004 cover?
Section IN.1153.004 ("APPLICABILITY OF CHAPTER") 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.1153.004?
A common citation format is "The Texas Constitution § IN.1153.004" (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.1153.004 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.