Texas § 556.153 DISCLOSURE AT TIME OF LOAN APPLICATION.

Texas Statutes

§ 556.153 — DISCLOSURE AT TIME OF LOAN APPLICATION.

Texas § 556.153

Code INInsurance Code

This text of Texas § 556.153 (DISCLOSURE AT TIME OF LOAN APPLICATION.) 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. Insurance Code Code Ann. § 556.153 (2026).

Text

Sec. 556.153. DISCLOSURE AT TIME OF LOAN APPLICATION.

(a)At the time a loan application is made, a depository institution shall provide to the customer a written disclosure as required by this section and Section 556.154 .

(b)The disclosure must be separate from any loan application or loan document.

(c)The depository institution employee who presents the disclosure and the customer shall sign and date the disclosure.

(d)The depository institution shall maintain one copy of the disclosure in the loan file and shall provide one copy to the customer.

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Sec. 556.153. DISCLOSURE AT TIME OF LOAN APPLICATION. (a) At the time a loan application is made, a depository institution shall provide to the customer a written disclosure as required by this section and Section 556.154 .
(b) The disclosure must be separate from any loan application or loan document.
(c) The depository institution employee who presents the disclosure and the customer shall sign and date the disclosure.
(d) The depository institution shall maintain one copy of the disclosure in the loan file and shall provide one copy to the customer.