Texas Finance Code

§ 342.006 — EXEMPTION FOR CERTAIN SECONDARY MORTGAGE LOANS

FI § 342.006Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 342. CONSUMER LOANS · Art. A. GENERAL PROVISIONS; APPLICABILITY OF CHAPTER

Statute text

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This chapter does not apply to a secondary mortgage loan made by a seller of property to secure all or part of the unpaid purchase price.

Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.