Texas Statutes
§ 94.102 — APPLICATION OF PREPAYMENTS TO LOAN INSTALLMENTS.
Texas § 94.102
JurisdictionTexas
Code FIFinance Code
This text of Texas § 94.102 (APPLICATION OF PREPAYMENTS TO LOAN INSTALLMENTS.) 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. § 94.102 (2026).
Text
Sec. 94.102. APPLICATION OF PREPAYMENTS TO LOAN INSTALLMENTS. Unless otherwise agreed in writing, a savings bank shall apply:
(1)a prepayment of principal to the final installment of the obligation until the final installment is fully paid; and
(2)additional prepayments to installments in the inverse order of their maturity.
SUBCHAPTER D. CHARGES RELATING TO REAL PROPERTY LOANS
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 94.001
LOANS TO ONE BORROWER.§ 94.002
COMMERCIAL LOANS.§ 94.052
CONSUMER LOANS.§ 94.053
COLLECTION OF LOAN EXPENSES.§ 94.151
ADVANCES PAID BY SAVINGS BANK.§ 94.152
ADVANCES ARE LIEN ON PROPERTY.§ 94.154
RECORD OF CHARGES.§ 94.252
INAPPLICABILITY OF LIMITATIONS.§ 94.253
RULES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 94.102, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/94.102.