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Tex. Business & Commerce Code § 761.052

This is the official text of Tex. Business & Commerce Code § 761.052, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.

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§ 761.052. RESTRICTION ON GIFTS OR INCENTIVES FOR COMPLETING CREDIT CARD APPLICATION.

Official statutory text

A credit card issuer may not offer a gift or other incentive in exchange for the completion of a credit card application as part of a campus credit card marketing activity unless the credit card issuer, at the time the credit card issuer provides a credit card application to an individual, provides financial educational material developed under Section 761.101 to the individual.

Status: in_force · Read it on the official government site

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