Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 8 - JOINT FINANCIAL REGULATORY AGENCIES
Chapter 153 - HOME EQUITY LENDING
Section 153.92 - Counting the 60-Day Cure Period
Universal Citation: 7 TX Admin Code ยง 153.92
Current through Reg. 49, No. 12; March 22, 2024
(a) For purposes of Section 50(a)(6)(Q)(x), the day after the lender or holder receives the borrower's notification is day one of the 60-day period. All calendar days thereafter are counted up to day 60. If day 60 is a Sunday or federal legal public holiday, the period is extended to include the next day that is not a Sunday or federal legal public holiday.
(b) If the borrower provides the lender or holder inadequate notice, the 60-day period does not begin to run.
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