Texas Finance Code

§ 347.153 — REQUIREMENTS FOR AMENDMENT

FI § 347.153Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 347. MANUFACTURED HOME CREDIT TRANSACTIONS · Art. D. AMENDMENT OR PREPAYMENT OF CREDIT TRANSACTION

Statute text

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(a)Before an amendment of a credit transaction may take effect it must be:

(1)confirmed in writing;

(2)signed by the consumer; and

(3)returned to the creditor.

(b)The writing must state:

(1)the terms of the amendment; and

…

Legislative history

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