Tex. Finance Code § 346.206
ACCELERATION OR IMMEDIATE PAYMENT DEMAND PROHIBITED
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 346.206, ACCELERATION OR IMMEDIATE PAYMENT DEMAND PROHIBITED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647457
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Full text
With respect to a revolving credit account secured by an interest in real property, a creditor may not accelerate or demand immediate payment of an amount owed under the account unless the customer is in default under the terms of the account agreement.