All codes › Finance Code › Title 4

Chapter 347

Manufactured Home Credit Transactions

Subchapter A. General Provisions

347.001 Legislative Finding 347.002 Definitions 347.003 Bailment or Lease as Credit Transaction 347.004 Compliance with Federal Consumer Credit Protection Act 347.005 Federal Residential Mortgage Loans Programs 347.006 Waiver Not Valid 347.007 Application of Chapter to Commercial Loans 347.008 Applicability

Subchapter B. Credit Document

347.051 Appearance of Credit Document; Consumer Notice 347.052 Disclosure of Amount of Delinquency Charge 347.053 Provisions Prohibited in Credit Document 347.054 Consumer's Acknowledgment of Delivery of Credit Document 347.055 Credit Document After Amendment 347.056 Authority of Consumer Credit Commissioner Relating to a Credit Document

Subchapter C. Finance Charge Rates and Adjustments

347.101 Adjustable Rate 347.102 Requirements for Rate Adjustments 347.103 Rate Adjustment Index Base 347.104 Amount of Rate Adjustment 347.105 Maximum Rate Adjustments 347.106 Mandatory Decrease; Optional Increase 347.107 Notice of Rate Adjustment 347.108 Prohibition on Use of Rate Adjustment and Certain Mortgages 347.109 Computation of Finance Charge for Disclosure 347.110 Use of Optional Ceiling

Subchapter D. Amendment or Prepayment of Credit Transaction

347.151 Amendment of Credit Transaction 347.152 Alternate Method of Amendment of Credit Transaction 347.153 Requirements for Amendment 347.154 Oral Amendment Not Binding 347.155 Prepayment

Subchapter E. Insurance

347.201 Property Insurance 347.202 Statement of Required Insurance 347.203 Consumer's Failure to Obtain Required Insurance 347.204 Purchase of Additional Insurance After Date of Credit Document 347.205 Statement for Purchase of Optional Insurance 347.206 Requirements for Insurance Charge in Credit Transaction 347.207 Insurance Disclosures in Credit Document 347.208 Creditor May Refuse to Accept Policy 347.209 Creditor's Duty If Insurance Is Canceled, Adjusted, or Terminated 347.210 Single Interest Policy Prohibited 347.211 Gain or Advantage from Insurance Not Charge

Subchapter F. Payment of Insurance and Taxes

347.251 Financing Insurance 347.252 Payment of Insurance Premiums with Installments 347.253 Adjustment of Amounts Paid to Creditor for Insurance 347.254 Payment of Taxes Through the Creditor 347.255 Adjustment of Amounts Paid to Creditor for Taxes 347.256 Creditor's Action on Consumer's Failure to Pay Taxes 347.257 Agreement to Include Taxes in Credit Transaction 347.258 Deposit Amounts Paid for Taxes or Insurance

Subchapter G. Miscellaneous Fees and Charges

347.301 Fees for Transactions Without Real Property 347.302 Charge Prohibited 347.307 Charges on Repossession 347.308 Fee for Transfer of Obligor on Debt

Subchapter H. Actions on Default

347.351 Delinquency Charge on Default 347.352 Acceleration of Debt Maturity 347.353 Computing Amount Owed for Purpose of Acceleration 347.354 Accrual of Interest on Acceleration 347.355 Repossession on Default 347.356 Requirements for Action to Repossess, Foreclose, or Accelerate Payment of Entire Debt 347.357 Disposal of Insurance and Tax Escrow Account on Default

Subchapter I. Security Interests in Manufactured Homes

347.401 Priority of Security Interest for Unpaid Rental of Real Property 347.402 Possessory Lien 347.403 Amounts That May Be Recovered by Real Property Owner 347.404 Liability of Real Property Owner for Refusal to Allow Creditor to Repossess Manufactured Home

Subchapter J. Rights and Duties of Creditor and Residential Mortgage Loan Originator

347.451 Registration of Certain Creditors 347.4515 Residential Mortgage Loan Originator License Required 347.452 Acquisition and Transfer of Credit Transaction or Balance 347.453 Effect of Disclosure by One of Several Creditors 347.454 Disclosure If More Than One Consumer 347.455 Real Property in Credit Transaction

Subchapter K. Creditor's Liability; Penalties

347.501 Creditor's Liability Related to Deposit 347.502 Liability for Charge Exceeding Amount Authorized 347.503 Creditor's Liability for Error in Pay-Off Quotation 347.504 Creditor's Liability for Oral or Unsolicited Written Statement of Amount Owed 347.505 Penalty for Failure to Register 347.506 When Act or Omission Not Violation