Tex. Fin. Code § 342.307 · Subchapter G. INTEREST AND OTHER CHARGES ON SECONDARY MORTGAGE LOANS
AMOUNTS AUTHORIZED TO BE INCLUDED IN CONTRACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A secondary mortgage loan contract may provide for:
(1) reasonable fees or charges paid to the trustee in connection with a deed of trust or similar instrument executed in connection with the secondary mortgage loan, including fees for enforcing the lien against or posting for sale, selling, or releasing the property secured by the deed of trust;
(2) reasonable fees paid to an attorney who is not an employee of the creditor in the collection of a delinquent secondary mortgage loan; or
(3) court costs and fees incurred in the collection of the loan or foreclosure of a lien created by the loan.
Notes and commentary — not statutory text
History
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999; Acts 1999, 76th Leg., ch. 909, Sec. 2.14, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm
- Text hash
- sha256 72046092d618ca54985d5a0703e2ab65d98d236a87b51afd41633ee8e121e808
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Fin. Code § 342.307. Each shows the citation as that text prints it.
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.