SENATE BILL 1290 |
SENATE AUTHOR: Cain |
EFFECTIVE: 09-01-97 |
HOUSE SPONSOR: Marchant |
Senate Bill 1290 amends the Insurance Code to allow agents licensed under Article 21.07, Insurance Code, to sell an insurance policy that covers the difference between the debt owed on a motor vehicle and its actual market value in the event of a total loss of the vehicle.