Tex. Fin. Code § 342.604

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 342.604 - Military Borrower
(a) A lender may not engage in collection activity against a borrower who is:
(1) a member of the armed forces of the United States who is deployed to combat or a combat support posting, for the duration of the posting;
(2) a member of the Texas National Guard who is called to federal active duty, for the duration of the duty;
(3) the spouse of a person described by Subdivision (1), for the duration of the posting; or
(4) the spouse of a person described by Subdivision (2), for the duration of the duty.
(b) A lender may not garnish the wages of a borrower who is a member of the United States military or the member's spouse.
(c) A lender who engages in a deferred presentment transaction with a member of the United States military or a dependent of a member of the United States military must comply with 10 U.S.C. Section 987 and any regulations adopted under that law, to the extent applicable.

Tex. Fin. Code § 342.604

Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 835,Sec. 1, eff. 9/1/2017.
Added by Acts 2005, 79th Leg., Ch. 394, Sec. 1, eff. 9/1/2005.