Texas § 394.2095 CANCELLATION OF AGREEMENT BY EITHER PROVIDER OR CONSUMER.

Texas Statutes

§ 394.2095 — CANCELLATION OF AGREEMENT BY EITHER PROVIDER OR CONSUMER.

Texas § 394.2095

Code FIFinance Code

This text of Texas § 394.2095 (CANCELLATION OF AGREEMENT BY EITHER PROVIDER OR CONSUMER.) 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. § 394.2095 (2026).

Text

Sec. 394.2095. CANCELLATION OF AGREEMENT BY EITHER PROVIDER OR CONSUMER. If a provider or a consumer cancels a debt management service agreement, the provider shall immediately return to the consumer:

(1)any money of the consumer held in trust by the provider for the consumer's benefit; and

(2)65 percent of any portion of the account set-up fee received under Section 394.210 (g)(1) that has not been credited against settlement fees.

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Sec. 394.2095. CANCELLATION OF AGREEMENT BY EITHER PROVIDER OR CONSUMER. If a provider or a consumer cancels a debt management service agreement, the provider shall immediately return to the consumer:
(1) any money of the consumer held in trust by the provider for the consumer's benefit; and
(2) 65 percent of any portion of the account set-up fee received under Section 394.210 (g)(1) that has not been credited against settlement fees.