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Tex. Finance Code § 124.252

ILLEGALITY OF LOAN NOT A BAR TO ENFORCEMENT OR COLLECTION

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 124.252, ILLEGALITY OF LOAN NOT A BAR TO ENFORCEMENT OR COLLECTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645989
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The illegality of a loan does not prevent enforcement of the loan agreement against or collection of the loan from a person who is otherwise liable on the loan, including: (1) the borrower; or (2) a guarantor or surety.