Sec. 342.503.  SECURITY FOR LOAN.  (a)  A lender may not take as security for a loan made under this chapter an assignment of wages.
(b)  A lender may not take as security for a loan made under Subchapter E or F  a lien on real property other than a lien created by law on the recording of an abstract of judgment.
(c)  A lender may take as security for a loan made under Subchapter E or F an assignment of:
(1)  a warrant drawn against a state fund;  or
(2)  a claim against a state fund or a state agency.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.