Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 159.107: WAIVER OR AVOIDANCE PROHIBITED.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE E. OTHER FINANCIAL BUSINESSES
CHAPTER 159. WRAP MORTGAGE LOAN FINANCING
SUBCHAPTER C. TRANSACTION REQUIREMENTS; REMEDIES

(a) Any purported waiver of a right of a wrap borrower under this subchapter or purported exemption of a person from liability for a violation of this subchapter is void.

(b) A person who is a party to a residential real estate transaction may not evade the application of this subchapter by any device, subterfuge, or pretense, and any attempt to do so is void and a deceptive trade practice under Subchapter E, Chapter 17, Business & Commerce Code, and is actionable under that subchapter.

Added by Acts 2021, 87th Leg., R.S., Ch. 76 (S.B. 43), Sec. 3, eff. January 1, 2022.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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