Finance Code › Title 3 › Chapter 159 › Subchapter C

Texas Finance Code § 159.102

Foreign Language Requirement

Wrap Mortgage Loan Financing · Transaction Requirements; Remedies

If the negotiations that precede the execution of the wrap mortgage loan agreement are conducted primarily in a language other than English, the wrap lender shall provide a copy of a written disclosure statement required under Section 159.101 of this code or Section 5.016, Property Code, in that language to the wrap borrower.

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. 76 (S.B. 43), Sec. 3, eff. January 1, 2022.

This section refers to

§ 159.101

Sections that refer to this one

§ 159.101§ 159.103§ 159.104