Sec. 347.205.  STATEMENT FOR PURCHASE OF OPTIONAL INSURANCE.  (a)  A consumer who elects to purchase optional insurance must sign a statement that:
(1)  indicates the consumer's election;  and
(2)  describes the term, premium, and type of insurance purchased.
(b)  The statement may be a part of the credit document or a part of a separate document.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.