Texas Finance Code 16.001 – Definitions
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Terms Used In Texas Finance Code 16.001
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
In this chapter:
(1) “Financial regulatory agency” means:
(A) the Texas Department of Banking;
(B) the Department of Savings and Mortgage Lending;
(C) the Office of Consumer Credit Commissioner; and
(D) the Credit Union Department.
(2) “Policy-making body” means:
(A) the Finance Commission of Texas for:
(i) the Texas Department of Banking;
(ii) the Department of Savings and Mortgage Lending; and
(iii) the Office of Consumer Credit Commissioner; and
(B) the Credit Union Commission for the Credit Union Department.