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2025 Texas Statutes
Finance Code
Title 3 - Financial Institutions and Businesses
Subtitle E - Other Financial Businesses
Chapter 156 - Residential Mortgage Loan Companies
Subchapter G. Mortgage Grant Fund
Section 156.552. Funding
Universal Citation:
TX Fin Code § 156.552 (2025)
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Sec. 156.552. FUNDING. The mortgage grant fund consists of:
(1) penalties collected by the commissioner and deposited to the credit of the fund in accordance with Section 156.551(b); and
(2) excess amounts transferred from the recovery fund under Section 156.502(b).
Added by Acts 2021, 87th Leg., R.S., Ch. 929 (H.B. 3617), Sec. 7, eff. September 1, 2021.
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