{"data":{"id":"us-tx/tex.-finance-code-346.206","jurisdiction":"us-tx","citation":"Tex. Finance Code § 346.206","heading":"ACCELERATION OR IMMEDIATE PAYMENT DEMAND PROHIBITED.","body":"With respect to a revolving credit account secured by an interest in real property, a creditor may not accelerate or demand immediate payment of an amount owed under the account unless the customer is in default under the terms of the account agreement.\nAdded by Acts 2003, 78th Leg., ch. 887, Sec. 7, eff. Sept. 1, 2003.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 346. REVOLVING CREDIT ACCOUNTS","SUBCHAPTER C. CREDITOR'S DUTIES AND AUTHORITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.346.htm#346.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"59c9141457e7a972c4fb4181106ec0cb2f4e743130a7ecaa2690570002d9c91f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-346.205","next":"us-tx/tex.-finance-code-347.001"},"notice":"GroundRules: Original legal text. Not legal advice."}