Tex. Fin. Code Section 159.107
Waiver or Avoidance Prohibited

(a)

Any purported waiver of a right of a wrap borrower under this subchapter or purported exemption of a person from liability for a violation of this subchapter is void.

(b)

A person who is a party to a residential real estate transaction may not evade the application of this subchapter by any device, subterfuge, or pretense, and any attempt to do so is void and a deceptive trade practice under Subchapter E (Short Title), Chapter 17 (Deceptive Trade Practices), Business & Commerce Code, and is actionable under that subchapter.
Added by Acts 2021, 87th Leg., R.S., Ch. 76 (S.B. 43), Sec. 3, eff. January 1, 2022.

Source: Section 159.107 — Waiver or Avoidance Prohibited, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­159.­htm#159.­107 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 159.107’s source at texas​.gov