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TITLE 7 | BANKING AND SECURITIES |
PART 8 | JOINT FINANCIAL REGULATORY AGENCIES |
CHAPTER 153 | HOME EQUITY LENDING |
RULE §153.10 | Number of Loans: Section 50(a)(6)(K) |
An equity loan must be the only debt secured by the homestead at the time the extension of credit is made unless the other debt was made for a purpose described by Section 50(a)(1)-(a)(5) or (a)(8). |
Source Note: The provisions of this §153.10 adopted to be effective January 8, 2004, 29 TexReg 84 |