Finance Code › Title 5 › Chapter 394 › Subchapter C

Texas Finance Code § 394.2095

Cancellation of Agreement by Either Provider or Consumer

Debtor Assistance · Consumer Debt Management Services

If a provider or a consumer cancels a debt management service agreement, the provider shall immediately return to the consumer:

(1) any money of the consumer held in trust by the provider for the consumer's benefit; and

(2) 65 percent of any portion of the account set-up fee received under Section 394.210(g)(1) that has not been credited against settlement fees.

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

Official source
Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 368 (S.B. 141), Sec. 6, eff. September 1, 2011.

This section refers to

§ 394.210