Texas Finance Code

§ 156.403 — BURDEN OF PROOF TO ESTABLISH AN EXEMPTION

FI § 156.403Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 156. RESIDENTIAL MORTGAGE LOAN COMPANIES · Art. E. HEARINGS; JUDICIAL REVIEW; CIVIL ACTIONS; UNLICENSED ACTIVITY

Statute text

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The burden of proving an exemption in a proceeding or action brought under this chapter is on the person claiming the benefit of the exemption.

Legislative history

Added by Acts 1999, 76th Leg., ch. 1254, Sec. 2, eff. Sept. 1, 1999.