Tex. Fin. Code § 342.456 · Subchapter J. AUTHORIZED LENDER'S DUTIES AND AUTHORITY
AGREEMENT TO MODIFY TERM OF SECONDARY MORTGAGE LOAN CONTRACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A lender and a borrower may enter into an agreement under which a term of a secondary mortgage loan contract is amended, restated, or rescheduled.
(b) An agreement under this section must be written and signed by the lender and borrower.
(c) An agreement under this section must contain:
(1) the date of the agreement;
(2) the name and address of the lender; and
(3) the name and address of each borrower.
(d) The lender shall deliver a copy of an agreement under this section to the borrower.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), 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 796c7972afac260204eb7d2520226ff7bf00ec1bbf0ac087101bea04d75293bc
- 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 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 342.456. 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.