| Measure Title: | RELATING TO FORCE-PLACED INSURANCE. |
| Report Title: | Force-Placed Insurance |
| Description: | Allows lenders who force-place motor vehicle insurance on the vehicle that is the subject of the loan to obtain reimbursement from the borrower for insurance premiums that do not exceed the lesser of rates allowed by the Insurance Commissioner, or 110 percent of the rate the buyer can obtain for the same coverage; allows a borrower to obtain a policy to replace the force-placed insurance. |
| Package: | None |
| Companion: | |
| Introducer(s): | HALFORD |
| Current Referral: | CPC |
| Date | Status Text | |
|---|---|---|
| 1/21/2005 | H | Pending introduction. |
| 1/21/2005 | H | Introduced and Pass First Reading |
| 1/23/2005 | H | Referred to CPC, referral sheet 2 |
$ = Appropriation measure
ConAm = Constitutional Amendment