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Texas Business & Commerce Code

§ 21.103 — RETENTION OF RECORDS

BC § 21.103Title 2. COMPETITION AND TRADE PRACTICES · Ch. 21. REGULATION OF CERTAIN RESIDENTIAL FORECLOSURE CONSULTING SERVICES · Art. C. LIMITATIONS, PROHIBITIONS, AND DUTIES REGARDING SERVICES

Statute text

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(a)A foreclosure consultant shall keep each record and document, including the foreclosure consultant contract, related to foreclosure consulting services performed on behalf of a homeowner.
(b)A foreclosure consultant shall retain the records described by Subsection (a) until at least the third anniversary of the day the foreclosure consultant contract entered into by the consultant and the homeowner was terminated or concluded.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 902 (S.B. 767), Sec. 1, eff. September 1, 2011.

Source: Texas Business & Commerce Code § 21.103 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.