Texas § IN.549.102 - CIVIL DAMAGES
Full text of Texas The Texas Constitution § IN.549.102 — CIVIL DAMAGES, with citation guidance and answers to common questions.
§ IN.549.102. CIVIL DAMAGES
CIVIL DAMAGES. (a) A borrower may recover from a lender who violates this chapter civil damages in an amount equal to three times the annual premium for the insurance policy in force on the property that is security for the loan. (b) If the insurance policy is for a period of more than one year, the annual premium is computed by dividing the total premium specified in the policy for the entire period of the policy by the number of years of the duration of the policy. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Frequently Asked Questions About Texas § IN.549.102
What does The Texas Constitution § IN.549.102 cover?
Section IN.549.102 ("CIVIL DAMAGES") 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.549.102?
A common citation format is "The Texas Constitution § IN.549.102" (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.549.102 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.