This chapter does not apply to a secondary mortgage loan made by a seller of property to secure all or part of the unpaid purchase price.
Tex. Fin. Code § 342.006
EXEMPTION FOR CERTAIN SECONDARY MORTGAGE LOANS
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), 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.