Tex. Occ. Code § 2153.254 · Subchapter F. CREDIT TRANSACTIONS
WRITTEN AGREEMENT REQUIRED.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A license holder may extend or lend credit only if the credit transaction is evidenced by a written agreement that:
(1) is signed by the parties to the agreement; and
(2) specifies the:
(A) credit amount;
(B) consideration for the credit transaction; and
(C) terms governing repayment.
Notes and commentary — not statutory text
History
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2153.htm
- Text hash
- sha256 902cc9edd510019a15392d8b37be510c438071c4c8106bfab64c7557293e09fa
- 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.