(g) funds received or held by a holder or manager of a debt cancellation contract and belonging to an insurance company, holder or administrator in accordance with the terms of a written agreement must be held in trust by the holder or administrator. (h) A retail investor who negotiates a debt cancellation contract and subsequently assigns the contract must: (d) A debt cancellation contract to which this chapter applies is not insurance. Section 354.003. LANGUAGE OF EXCLUSION FROM DEBT RELIEF AGREEMENTS. (a) In addition to the provisions of section 354.004, a debt cancellation agreement must fully disclose all provisions allowing for the exclusion of loss or damage, including, where applicable, a large number of customers throughout the country who use debt cancellation agreements. .