Finance Code › Title 4 › Chapter 342 › Subchapter A

Texas Finance Code § 342.003

Purchase from Mortgagee

Consumer Loans · General Provisions; Applicability of Chapter

For the purposes of this chapter, a purchase from a mortgagee of an interest in a secondary mortgage loan that was made to secure that loan is treated as if it were a secondary mortgage loan.

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

Official source
Legislative history

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.