Tex. Finance Code § 64.022
This is the official text of Tex. Finance Code § 64.022, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 64.022. COLLECTION OF LOAN EXPENSES.
Official statutory text
An expense payment authorized by Section 64.021 may be:
(1) collected by the association from the borrower and:
(A) retained by the association; or
(B) paid to a person rendering a service for which a charge was made, including an officer, director, or employee of the association rendering the service; or
(2) paid directly by a borrower to the person rendering the service.
(1) collected by the association from the borrower and:
(A) retained by the association; or
(B) paid to a person rendering a service for which a charge was made, including an officer, director, or employee of the association rendering the service; or
(2) paid directly by a borrower to the person rendering the service.
Status: in_force · Read it on the official government site
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