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Tex. Finance Code § 94.102

APPLICATION OF PREPAYMENTS TO LOAN INSTALLMENTS

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 94.102, APPLICATION OF PREPAYMENTS TO LOAN INSTALLMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645697
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Unless otherwise agreed in writing, a savings bank shall apply: (1) a prepayment of principal to the final installment of the obligation until the final installment is fully paid; and (2) additional prepayments to installments in the inverse order of their maturity.