Tex. Finance Code § 393.302
This is the official text of Tex. Finance Code § 393.302, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 393.302. CHARGE OR RECEIPT OF CONSIDERATION BEFORE COMPLETION OF SERVICES.
Official statutory text
A credit services organization or a representative of the organization may charge or receive from a consumer valuable consideration before completely performing all the services the organization has agreed to perform for the consumer only if the organization has obtained a surety bond for each of its locations or established and maintained a surety account for each of its locations in accordance with Subchapter E.
Status: in_force · Read it on the official government site
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