Tex. Fin. Code Section 94.053
Collection of Loan Expenses

An expense payment authorized by this subchapter may be:

(1)

collected by the savings bank from the borrower and:

(A)

retained by the savings bank; or

(B)

paid to a person rendering a service for which a charge was made, including an officer, director, or employee of the savings bank rendering the service; or

(2)

paid directly by the borrower to the person rendering the service.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 94.053 — Collection of Loan Expenses, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­94.­htm#94.­053 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 94.053’s source at texas​.gov