Texas Finance Code Chapter 124 > Subchapter D – Loan Payments
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§ 124.151 | Prepayment Privilege |
§ 124.152 | Conditions for Prepayment of Loan Secured by Real Property |
§ 124.153 | Penalty for Late Payment |
Terms Used In Texas Finance Code Chapter 124 > Subchapter D - Loan Payments
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Ex officio: Literally, by virtue of one's office.
- Joint resolution: A legislative measure which requires the approval of both chambers.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Property: means real and personal property. See Texas Government Code 311.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.