Texas Finance Code

§ 343.205 — PREPAYMENT PENALTIES PROHIBITED

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FI § 343.205Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 343. HOME LOANS · Art. C. HIGH-COST HOME LOANS

Statute text

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A lender may not make a high-cost home loan containing a provision for a prepayment penalty.

Legislative history

Added by Acts 2001, 77th Leg., ch. 622, Sec. 1, eff. Sept. 1, 2001.