Tex. Fin. Code § 341.604 · Subchapter G. STATE-LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR RECOVERY FUND
STATUTE OF LIMITATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An application for the recovery of actual damages from the fund under Section 341.605 may not be filed after the second anniversary of the date of the alleged act or omission causing the actual damages or the date the act or omission should reasonably have been discovered.
(b) This section does not apply to a subrogation claim brought by the commissioner for recovery of money paid out of the fund.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 9, eff. June 19, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.341.htm
- Text hash
- sha256 e5aed16ff74ce4b43c3f99940e474b1cb25365e7ebda2e25c4a18e9631a26b63
- 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
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