The failure of an applicant under Section 156.504 to comply with a provision of this subchapter relating to the recovery fund or with a rule adopted by the finance commission relating to the fund constitutes a waiver of any rights under this subchapter.
Tex. Fin. Code § 156.508
FAILURE TO COMPLY WITH SUBCHAPTER OR RULE ADOPTED BY THE FINANCE COMMISSION
Known as the Residential Mortgage Loan Company Licensing and Registration Act
The act spans §§ 156–156 (53 sections).
Added by Acts 1999, 76th Leg., ch. 1254, Sec. 2, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.