Tex. Finance Code § 347.503
This is the official text of Tex. Finance Code § 347.503, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 347.503. CREDITOR'S LIABILITY FOR ERROR IN PAY-OFF QUOTATION.
Official statutory text
Notwithstanding Chapter 349, a creditor that responds to a consumer's request for a pay-off quotation under this chapter by delivering to the consumer a written statement indicating that the consumer owes a total amount on the credit transaction that exceeds the amount authorized by this chapter is liable to the consumer under Section 349.003.
Status: in_force · Read it on the official government site
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