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FACTS AT A GLANCE - Texas Legislative Council
Prepared by Liz Morris In September 2003, Texas voters approved two amendments to Section 50, Article XVI, of the Texas Constitution that expand the state’s home equity lending laws. One amendment (Proposition 16, S.J.R. No. 42) allows lenders to offer Texas homeowners home equity lines of credit.
https://tlc.texas.gov/docs/policy/homee...
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