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2025 Texas Statutes
Business & Commerce Code
Title 2 - Competition and Trade Practices
Chapter 21 - Regulation of Certain Residential Foreclosure Consulting Services
Subchapter C. Limitations, Prohibitions, and Duties Regarding Services
Section 21.102. Prohibited Conduct
Universal Citation:
§ 21.102 (2025)
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Sec. 21.102. PROHIBITED CONDUCT. A foreclosure consultant may not:
(1) take any power of attorney from a homeowner for any purpose other than to inspect documents;
(2) for purposes of securing payment of compensation, acquire an interest, directly or indirectly, in the real or personal property of the homeowner of a residence in foreclosure with whom the foreclosure consultant has contracted to perform services; or
(3) take an assignment of wages to secure payment of compensation.
Added by Acts 2011, 82nd Leg., R.S., Ch. 902 (S.B. 767), Sec. 1, eff. September 1, 2011.
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