Finance Code › Title 3 › Chapter 156 › Subchapter G

Texas Finance Code § 156.552

Funding

Residential Mortgage Loan Companies · Mortgage Grant Fund

The mortgage grant fund consists of:

(1) penalties collected by the commissioner and deposited to the credit of the fund in accordance with Section 156.551(b); and

(2) excess amounts transferred from the recovery fund under Section 156.502(b).

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 929 (H.B. 3617), Sec. 7, eff. September 1, 2021.

This section refers to

§ 156.551§ 156.502