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.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 3 › Chapter 156 › Subchapter E
Texas Finance Code § 156.403
Residential Mortgage Loan Companies · Hearings; Judicial Review; Civil Actions; Unlicensed Activity
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.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Added by Acts 1999, 76th Leg., ch. 1254, Sec. 2, eff. Sept. 1, 1999.