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Tex. Business & Commerce Code § 603.002

This is the official text of Tex. Business & Commerce Code § 603.002, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.

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§ 603.002. APPLICABILITY OF CHAPTER.

Official statutory text

(a) Except as provided by Subsection (b), this chapter applies only to a person who solicits business in this state by mailing an individual a check or other draft payable to that individual.

(b) This chapter does not apply to a financial institution as defined by Section 201.101, Finance Code, or an authorized lender as defined by Section 341.001 of that code, that sends a check or other draft to an existing or prospective account holder authorizing that person to access an extension of credit.

Status: in_force · Read it on the official government site

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