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Texas Finance Code - FIN § 346.206. Acceleration or Immediate Payment Demand Prohibited

Current as of January 01, 2024 | Updated by Findlaw Staff

With respect to a revolving credit account secured by an interest in real property, a creditor may not accelerate or demand immediate payment of an amount owed under the account unless the customer is in default under the terms of the account agreement.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 346.206. Acceleration or Immediate Payment Demand Prohibited - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-346-206/

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