§ 64.041 Penalty for Prepayment or Late Payment
§ 64.042 Application of Prepayments to Loan Installments

Terms Used In Texas Finance Code Chapter 64 > Subchapter C - Loan Payments

  • Contract: A legal written agreement that becomes binding when signed.
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005