The following words and terms, when used in this subchapter, have the following meanings, unless the context clearly indicates otherwise:   (1) Property tax lender--has the meaning assigned by Texas Finance Code, §351.002(1) (Acts 2007, 80th Leg., ch. 1220). Another name for a "property tax lender" is a "transferee" as defined by Texas Tax Code, §32.06(2), and these terms may be used synonymously.   (2) Property tax loan--has the meaning assigned by Texas Finance Code, §351.002(2) (Acts 2007, 80th Leg., ch. 1220). Another name for a "property tax loan" is a "tax lien transfer," and these terms may be used synonymously.   (3) Tax lien transfer--has the meaning assigned by Texas Finance Code, §351.002(2) (Acts 2007, 80th Leg., ch. 1220). Another name for a "tax lien transfer" is a "property tax loan," and these terms may be used synonymously.   (4) Transferee--has the meaning assigned by Texas Finance Code, §351.002(1) (Acts 2007, 80th Leg., ch. 1220) and Texas Tax Code, §32.06(2). Another name for a "transferee" is a "property tax lender," and these terms may be used synonymously.

Source Note: The provisions of this §89.502 adopted to be effective January 3, 2008, 32 TexReg 9944