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Tex. Finance Code § 347.503

CREDITOR'S LIABILITY FOR ERROR IN PAY-OFF QUOTATION

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 347.503, CREDITOR'S LIABILITY FOR ERROR IN PAY-OFF QUOTATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647541
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Notwithstanding Chapter 349, a creditor that responds to a consumer's request for a pay-off quotation under this chapter by delivering to the consumer a written statement indicating that the consumer owes a total amount on the credit transaction that exceeds the amount authorized by this chapter is liable to the consumer under Section 349.003.