Tex. Fin. Code § 345.356 · Subchapter H. OTHER PROVISIONS APPLICABLE TO CONTRACTS AND AGREEMENTS
BUYER'S WAIVER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A retail installment contract or retail charge agreement may not:
(1) provide for a waiver of the retail buyer's rights of action against the holder or a person acting on the holder's behalf for an illegal act committed in:
(A) the collection of payments under the contract or agreement; or
(B) the repossession of goods; or
(2) provide that the retail buyer agrees not to assert against the retail seller a claim or defense arising out of the sale.
(b) A retail buyer may not waive any provision of this chapter before or at the time of the making of a retail installment contract, retail charge agreement, or purchase under the contract or agreement.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.345.htm
- Text hash
- sha256 5b8f32890c6e93df0a72fe5404a6f47326f6deee9684a1c155952b4606885b9b
- 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.