Texas Finance Code 156.552 – Funding
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Finance Code 156.552
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The mortgage grant fund consists of:
(1) penalties collected by the commissioner and deposited to the credit of the fund in accordance with § 156.551(b); and
(2) excess amounts transferred from the recovery fund under § 156.502(b).