Tex. Fin. Code § 159.102 · Subchapter C. TRANSACTION REQUIREMENTS; REMEDIES
FOREIGN LANGUAGE REQUIREMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If the negotiations that precede the execution of the wrap mortgage loan agreement are conducted primarily in a language other than English, the wrap lender shall provide a copy of a written disclosure statement required under Section 159.101 of this code or Section 5.016, Property Code, in that language to the wrap borrower.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 76 (S.B. 43), Sec. 3, eff. January 1, 2022.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.159.htm
- Text hash
- sha256 56672cd1f1140f2acc20e1414e30341ed4a60427843236bd962d3493e604b2cf
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 3 provisions
Provisions in this library whose text cites Tex. Fin. Code § 159.102. Each shows the citation as that text prints it.
Finance Code
- Tex. Fin. Code § 159.101DISCLOSURE STATEMENT; OPTION TO RESCIND.Printed as Section 159.102
- Tex. Fin. Code § 159.103FAILURE TO PROVIDE DISCLOSURE: TOLLING OF LIMITATIONS.Printed as Section 159.102
- Tex. Fin. Code § 159.104FAILURE TO PROVIDE DISCLOSURE BEFORE CLOSING; RIGHT OF RESCISSION.Printed as Section 159.101 or 159.102 | Section 159.102
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.