Texas Finance Code

§ 345.002 — GOODS

FI § 345.002Title 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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(a)For the purposes of this chapter, goods are tangible personal property, other than property described by Subsection (d), that is:

(1)purchased primarily for personal, family, or household use; and

(2)not purchased for commercial or business use.

(b)"Goods" includes property described by Subsection (a) that is:

(1)personal property furnished for or used in the modernization, rehabilitation, repair, alteration, improvement, or construction of real property that is to become or becomes a part of the real property regardless of whether the personal property is severable from the real property;

(2)a structure, other than a mobile home, that is to be used as a residence;

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Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.