Tex. Business & Commerce Code § 761.001
This is the official text of Tex. Business & Commerce Code § 761.001, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.
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§ 761.001. DEFINITIONS.
Official statutory text
In this chapter:
(1) "Campus credit card marketing activity":
(A) means any activity:
(i) conducted by an agent or employee of a credit card issuer on the campus of a postsecondary educational institution; and
(ii) designed to encourage and enable students to apply for a credit card; and
(B) includes the act of placing on the campus a display or poster together with a form that can be returned to the credit card issuer as a credit card application, even if an employee or agent of the credit card issuer is not present at the display.
(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) "Credit card issuer" means a lender, including a financial institution, or a merchant that receives applications and issues credit cards to individuals.
(4) "Governing board" means the body charged with policy direction of any postsecondary educational institution, including a board of directors, a board of regents, a board of trustees, and an independent school district board that is charged with policy direction of a public junior college.
(5) "Postsecondary educational institution" means:
(A) an institution of higher education as defined by Section 61.003, Education Code;
(B) a private or independent institution of higher education as defined by Section 61.003, Education Code; or
(C) a private postsecondary educational institution as defined by Section 61.302, Education Code.
(1) "Campus credit card marketing activity":
(A) means any activity:
(i) conducted by an agent or employee of a credit card issuer on the campus of a postsecondary educational institution; and
(ii) designed to encourage and enable students to apply for a credit card; and
(B) includes the act of placing on the campus a display or poster together with a form that can be returned to the credit card issuer as a credit card application, even if an employee or agent of the credit card issuer is not present at the display.
(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) "Credit card issuer" means a lender, including a financial institution, or a merchant that receives applications and issues credit cards to individuals.
(4) "Governing board" means the body charged with policy direction of any postsecondary educational institution, including a board of directors, a board of regents, a board of trustees, and an independent school district board that is charged with policy direction of a public junior college.
(5) "Postsecondary educational institution" means:
(A) an institution of higher education as defined by Section 61.003, Education Code;
(B) a private or independent institution of higher education as defined by Section 61.003, Education Code; or
(C) a private postsecondary educational institution as defined by Section 61.302, Education Code.
Status: in_force · Read it on the official government site
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