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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 75(R)

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.