Tex. Fin. Code § 347.357

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 347.357 - Disposal of Insurance and Tax Escrow Account on Default

If a consumer is in default, the amount in the consumer's insurance and tax escrow accounts established under Section 347.258 shall be applied to the remaining balance of the credit transaction.

Tex. Fin. Code § 347.357

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.