Tex. Fin. Code Section 346.206
Acceleration or Immediate Payment Demand Prohibited

With respect to a revolving credit account secured by an interest in real property, a creditor may not accelerate or demand immediate payment of an amount owed under the account unless the customer is in default under the terms of the account agreement.
Added by Acts 2003, 78th Leg., ch. 887, Sec. 7, eff. Sept. 1, 2003.

Source: Section 346.206 — Acceleration or Immediate Payment Demand Prohibited, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­346.­htm#346.­206 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 346.206’s source at texas​.gov