1372.003 – "CLOSING" IN CONNECTION WITH MORTGAGE CREDIT
Texas Government Code § 1372.003
Summary
This law defines the closing date for mortgage credit certificates, which occurs when an issuer opts not to issue qualified mortgage bonds. It primarily affects issuers and participants in mortgage credit certificate programs in Texas.
Establishes closing date for mortgage credit certificates.
Applies when issuers choose not to issue qualified mortgage bonds.
Relevant to mortgage credit certificate program participants.
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In simple terms: Learn about Texas's "CLOSING" IN CONNECTION WITH MORTGAGE CREDIT 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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