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Tex. Fin. Code § 351.053

AREA OF BUSINESS; PROPERTY TAX LOANS BY MAIL OR ONLINE

Known as the Property Tax Lender License Act

The act spans §§ 351–351 (41 sections).

Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff

(a) A property tax lender is not limited to making property tax loans to residents of the community in which the office for which the license or other authority is granted is located.

(b) A property tax lender may make, negotiate, arrange, and collect property tax loans by mail or online from a licensed office.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.