Tex. Finance Code § 394.2095
This is the official text of Tex. Finance Code § 394.2095, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 394.2095. CANCELLATION OF AGREEMENT BY EITHER PROVIDER OR CONSUMER.
Official statutory text
If a provider or a consumer cancels a debt management service agreement, the provider shall immediately return to the consumer:
(1) any money of the consumer held in trust by the provider for the consumer's benefit; and
(2) 65 percent of any portion of the account set-up fee received under Section 394.210(g)(1) that has not been credited against settlement fees.
(1) any money of the consumer held in trust by the provider for the consumer's benefit; and
(2) 65 percent of any portion of the account set-up fee received under Section 394.210(g)(1) that has not been credited against settlement fees.
Status: in_force · Read it on the official government site
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