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Texas Finance Code

§ 394.209 — WRITTEN DEBT MANAGEMENT SERVICES AGREEMENT

FI § 394.209Title 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES · Ch. 394. DEBTOR ASSISTANCE · Art. C. CONSUMER DEBT MANAGEMENT SERVICES

Statute text

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(a)A debt management services provider may not prepare a debt management services agreement before the provider has fully complied with Sections 394.208(a) and (b).
(b)Each debt management services agreement must:
(1)be dated and signed by the consumer;
(2)include the name and address of the consumer and the name, address, and telephone number of the provider;
(3)describe the services to be provided;
(4)state all fees, individually itemized, to be paid by the consumer;

Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 368 (S.B. 141), Sec. 5, eff. September 1, 2011.