Texas Finance Code

§ 345.001 — DEFINITIONS

FI § 345.001Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 345. RETAIL INSTALLMENT SALES · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter:

(1)"Credit card issuer" means a person who issues an identification device, including a card or plate, that is used to obtain goods or services under a retail credit card arrangement, other than a person who is:

(A)a bank, savings association, or credit union;

(B)licensed to do business under Chapter 342; or

(C)regularly and principally engaged in the business of lending money for personal, family, or household purposes.

(2)"Holder" means:

…

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.17, eff. April 1, 2009.