(a) The Savings and Loan Department is renamed the Department of Savings and Mortgage Lending and the savings and loan commissioner is renamed the savings and mortgage lending commissioner.
(b) A reference in a statute or rule to the Savings and Loan Department means the Department of Savings and Mortgage Lending.

Terms Used In Texas Finance Code 13.0015

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Rule: includes regulation. See Texas Government Code 311.005
  • Statute: A law passed by a legislature.

(c) A reference in a statute or rule to the savings and loan commissioner means the savings and mortgage lending commissioner.

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