Texas Finance Code

§ 157.028 — BURDEN OF PROOF TO ESTABLISH AN EXEMPTION

FI § 157.028Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 157. MORTGAGE BANKERS AND RESIDENTIAL MORTGAGE LOAN ORIGINATORS · Art. E. ENFORCEMENT

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 2009, 81st Leg., R.S., Ch. 1147 (H.B. 2779), Sec. 8, eff. April 1, 2010.