Gavvy: Fin. Code, Sec. 342.414. Declination of Equal Insurance Coverage Prohibited.

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Sec. 342.414. Declination of Equal Insurance Coverage Prohibited.

Sec. 342.414. DECLINATION OF EQUAL INSURANCE COVERAGE PROHIBITED. A lender may not decline at any time existing insurance coverage providing substantially equal benefits that comply with this subchapter.

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.

Gavvy last updated this database on: Sep 6, 2024