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Tex. Finance Code § 393.302

CHARGE OR RECEIPT OF CONSIDERATION BEFORE COMPLETION OF SERVICES

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 393.302, CHARGE OR RECEIPT OF CONSIDERATION BEFORE COMPLETION OF SERVICES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647990
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A credit services organization or a representative of the organization may charge or receive from a consumer valuable consideration before completely performing all the services the organization has agreed to perform for the consumer only if the organization has obtained a surety bond for each of its locations or established and maintained a surety account for each of its locations in accordance with Subchapter E.