7 Tex. Admin. Code § 89.203 - Attempted Evasion of Applicability of Chapter

A "device, subterfuge, or pretense to evade the application" of this chapter, as used in Texas Finance Code, § 351.051(b) (Acts 2007, 80th Leg., ch. 1220) refers to any transaction that in form may appear on its face to be something other than a property tax loan, but in substance meets the definition of a property tax loan as defined in Texas Finance Code, § 351.002(2) (Acts 2007, 80th Leg., ch. 1220).

Notes

7 Tex. Admin. Code § 89.203
The provisions of this §89.203 adopted to be effective November 8, 2007, 32 TexReg 7918

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