Texas Finance Code Chapter 353 > Subchapter D – Acquisition of Contract or Balance
Current as of: 2024 | Check for updates
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Other versions
| § 353.301 | Authority to Acquire |
| § 353.302 | Lack of Notice Does Not Affect Validity as to Certain Creditors |
| § 353.303 | Payment by Buyer |
Terms Used In Texas Finance Code Chapter 353 > Subchapter D - Acquisition of Contract or Balance
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Contract: A legal written agreement that becomes binding when signed.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005