{"data":{"id":"us-tx/tex.-finance-code-347.501","jurisdiction":"us-tx","citation":"Tex. Finance Code § 347.501","heading":"CREDITOR'S LIABILITY RELATED TO DEPOSIT.","body":"A creditor is liable for the penalty provided by Section 349.003 if the creditor:\n(1) fails to order the manufactured home or fails to hold the manufactured home in inventory in accordance with the deposit agreement under Section 347.303 or 347.304, respectively; or\n(2) retains as a deposit an amount that exceeds the amount authorized by Subchapter H.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 347. MANUFACTURED HOME CREDIT TRANSACTIONS","SUBCHAPTER K. CREDITOR'S LIABILITY; PENALTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.347.htm#347.501","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"71edc592a62b43353681306a90dc0fb3a30eef786860258294f5a01cb9b319f1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-347.455","next":"us-tx/tex.-finance-code-347.502"},"notice":"GroundRules: Original legal text. Not legal advice."}