A lender may not decline at any time existing insurance coverage providing substantially equal benefits that comply with this subchapter.
Tex. Fin. Code § 342.414
DECLINATION OF EQUAL INSURANCE COVERAGE PROHIBITED
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.