Finance Code § 307.054
A debtor may request cancellation of collateral protection insurance by giving the creditor proper evidence of required insurance. If the debtor shows the required insurance was already in place on time and continues, the creditor must cancel the insurance and cannot charge related costs, interest, or other charges.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
cancellation collateral protection insurance insurance evidence
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
Finance Code § 307.054
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.