Tex. Fin. Code § 393.302

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 393.302 - Charge or Receipt of Consideration Before Completion of Services

A credit services organization or a representative of the organization may charge or receive from a consumer valuable consideration before completely performing all the services the organization has agreed to perform for the consumer only if the organization has obtained a surety bond for each of its locations or established and maintained a surety account for each of its locations in accordance with Subchapter E.

Tex. Fin. Code § 393.302

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.43(a), eff. 9/1/1999.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.