Texas Finance Code

§ 345.158 — RETAIL CHARGE AGREEMENT TO WHICH SUBCHAPTER DOES NOT APPLY

FI § 345.158Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 345. RETAIL INSTALLMENT SALES · Art. D. ALTERNATE FINANCE CHARGE CEILING

Statute text

View on source

This subchapter does not apply to a retail charge agreement that:

(1)is a home solicitation transaction that is subject to Chapter 601, Business & Commerce Code;

(2)is secured by a lien on the obligor's homestead; and

(3)provides for credit that is extended by the retail seller or the seller's owner, subsidiary, or corporate affiliate. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by:

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.18, eff. April 1, 2009.