Texas § FI.158.002 - DEFINITIONS
Full text of Texas The Texas Constitution § FI.158.002 — DEFINITIONS, with citation guidance and answers to common questions.
§ FI.158.002. DEFINITIONS
DEFINITIONS. In this chapter: (1) "Commissioner" means the savings and mortgage lending commissioner. (2) "Finance commission" means the Finance Commission of Texas. (3) "Person" means an individual, corporation, company, limited liability company, partnership, or association. (4) "Registrant" means a person registered under this chapter. (5) "Residential mortgage loan" means a loan primarily for personal, family, or household use that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling or on residential real estate. (6) "Residential mortgage loan servicer" means a person who: (A) receives scheduled payments from a borrower under the terms of a residential mortgage loan, including amounts for escrow accounts; and (B) makes the payments of principal and interest to the owner of the loan or other third party and makes any other payments with respect to the amounts received from the borrower as may be required under the terms of the servicing loan document or servicing contract. (7) "Residential real estate" means real property located in this state on which a dwelling designed for occupancy for one to four families is constructed or intended to be constructed. Added by Acts 2011, 82nd Leg., R.S., Ch. 588 (S.B. 17 ), Sec. 1, eff. September 1, 2011.
Frequently Asked Questions About Texas § FI.158.002
What does The Texas Constitution § FI.158.002 cover?
Section FI.158.002 ("DEFINITIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.158.002?
A common citation format is "The Texas Constitution § FI.158.002" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.158.002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.