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Texas Business & Commerce Code

§ 103.001 — DEFINITIONS

BC § 103.001Title 5. REGULATION OF BUSINESSES AND SERVICES · Part C. BUSINESS OPERATIONS · Ch. 103. APPRAISALS IMPROPERLY INDUCED BY MORTGAGE LENDERS

Statute text

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In this chapter:
(1)"Lender" means a person who lends money for or invests money in mortgage loans.
(2)"Mortgage loan" means a loan secured by a deed of trust, security deed, or other lien on real property.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Texas Business & Commerce Code § 103.001 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.