Texas Statutes
§ 346.206 — ACCELERATION OR IMMEDIATE PAYMENT DEMAND PROHIBITED.
Texas § 346.206
JurisdictionTexas
Code FIFinance Code
This text of Texas § 346.206 (ACCELERATION OR IMMEDIATE PAYMENT DEMAND PROHIBITED.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 346.206 (2026).
Text
Sec. 346.206. ACCELERATION OR IMMEDIATE PAYMENT DEMAND PROHIBITED. With respect to a revolving credit account secured by an interest in real property, a creditor may not accelerate or demand immediate payment of an amount owed under the account unless the customer is in default under the terms of the account agreement.
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Legislative History
Added by Acts 2003, 78th Leg., ch. 887, Sec. 7, eff. Sept. 1, 2003.
Nearby Sections
14
§ 346.001
DEFINITIONS.§ 346.002
AVERAGE DAILY BALANCE.§ 346.003
REVOLVING CREDIT ACCOUNTS.§ 346.101
MAXIMUM INTEREST RATE.§ 346.103
FEES.§ 346.201
INSURANCE; COLLATERAL.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 346.206, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/346.206.