Tex. Finance Code § 157.02012
This is the official text of Tex. Finance Code § 157.02012, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 157.02012. STANDARD FORMS.
Official statutory text
(a) The finance commission by rule shall adopt one or more standard forms for use by a residential mortgage loan originator, sponsored by and conducting business for a registered mortgage banker under this chapter, in representing that an applicant for a residential mortgage loan is preapproved or has prequalified for the loan.
(b) The finance commission shall adopt rules requiring a residential mortgage loan originator licensed under this chapter to use the forms adopted by the finance commission under Subsection (a).
(b) The finance commission shall adopt rules requiring a residential mortgage loan originator licensed under this chapter to use the forms adopted by the finance commission under Subsection (a).
Status: in_force · Read it on the official government site
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