Texas § IN.651.152 - OTHER REQUIRED CONTENTS
Full text of Texas The Texas Constitution § IN.651.152 — OTHER REQUIRED CONTENTS, with citation guidance and answers to common questions.
§ IN.651.152. OTHER REQUIRED CONTENTS
OTHER REQUIRED CONTENTS. In addition to the items required by Section 651.151 , a premium finance agreement must contain the following, as applicable: (1) the finance charge expressed as an annual percentage rate, using the term "annual percentage rate"; (2) the number of installments required under the agreement; (3) the amount of each installment expressed in dollars; (4) the due date or period of each installment; (5) the amount or method of computing the amount of any default or delinquency charge that is payable in the event of late payment; and (6) the method of computing any unearned portion of the finance charge in the event of prepayment of the obligation. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.
Frequently Asked Questions About Texas § IN.651.152
What does The Texas Constitution § IN.651.152 cover?
Section IN.651.152 ("OTHER REQUIRED CONTENTS") 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.651.152?
A common citation format is "The Texas Constitution § IN.651.152" (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.651.152 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.