Texas Finance Code

§ 343.206 — CHARGE PROHIBITED FOR PRODUCT OR SERVICE NOT RECEIVED

FI § 343.206Title 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, in connection with a high-cost home loan, may not charge a borrower an amount for a service or product if the borrower does not receive the service or product.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1207, Sec. 3, eff. Sept. 13, 2003.