Tex. Bus. & Com. Code § 508.001 · Chapter 508. REQUIRING VERIFICATION OF IDENTITY FOR CERTAIN CARD TRANSACTIONS
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this chapter:
(1) "Cardholder" means the person named on the face of a credit card or debit card to whom or for whose benefit the credit card or debit card is issued.
(2) "Credit card" means a card or device issued under an agreement by which the issuer gives to a cardholder the right to obtain credit from the issuer or another person.
(3) "Debit card" means a card, device, or other means of access to an individual's account at a financial institution that the individual may use to initiate electronic fund transfers.
(4) "Merchant" means a person in the business of selling goods or services.
(5) "Mobile wallet" means a device that uses an encrypted digital token to authenticate a cardholder's identity and account information.
(6) "Photo identification" means a card or other document that:
(A) is issued by a governmental entity to identify an individual; and
(B) displays a photograph of the individual identified on the card or other document.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 749 (S.B. 1381), Sec. 1, eff. January 1, 2018.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.508.htm
- Text hash
- sha256 18b7e48427d59c76be49051edb9fdcb3623f0dcbef449b0dfc360e2d30bbeff3
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.