Texas § BC.21.101 - RESTRICTIONS ON CHARGE OR RECEIPT OF CONSIDERATION
Full text of Texas The Texas Constitution § BC.21.101 — RESTRICTIONS ON CHARGE OR RECEIPT OF CONSIDERATION, with citation guidance and answers to common questions.
§ BC.21.101. RESTRICTIONS ON CHARGE OR RECEIPT OF CONSIDERATION
RESTRICTIONS ON CHARGE OR RECEIPT OF CONSIDERATION. A foreclosure consultant may not: (1) charge or receive compensation until the foreclosure consultant has fully performed each service the foreclosure consultant has contracted to perform or has represented the foreclosure consultant can or will perform unless the foreclosure consultant has obtained a surety bond or established and maintained a surety account for each location at which the foreclosure consultant conducts business in the manner that Subchapter E , Chapter 393 , Finance Code, provides for credit services organizations; or (2) receive any consideration from a third party in connection with foreclosure consulting services provided to the homeowner of a residence in foreclosure unless the consideration is fully disclosed in writing to the homeowner. Added by Acts 2011, 82nd Leg., R.S., Ch. 902 (S.B. 767 ), Sec. 1, eff. September 1, 2011.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § BC.21.101
What does The Texas Constitution § BC.21.101 cover?
Section BC.21.101 ("RESTRICTIONS ON CHARGE OR RECEIPT OF CONSIDERATION") 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 § BC.21.101?
A common citation format is "The Texas Constitution § BC.21.101" (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 § BC.21.101 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.