11.307 – RULES RELATING TO CONSUMER COMPLAINTS. (a) The
Texas Finance Code § 11.307
Summary
This law requires the finance commission to establish rules for entities regulated by the Texas Department of Banking and the Department of Savings and Mortgage Lending. These rules must inform consumers about how to file complaints with the appropriate agency, ensuring transparency and accountability in financial services.
Entities must inform consumers on filing complaints.
Applies to regulated financial institutions.
Promotes consumer protection and transparency.
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In simple terms: Learn about Texas's RULES RELATING TO CONSUMER COMPLAINTS. (a) The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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