Tex. Finance Code § 348.112
This is the official text of Tex. Finance Code § 348.112, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 348.112. BUYER'S ACKNOWLEDGMENT OF DELIVERY OF CONTRACT COPY.
Official statutory text
(a) Any retail buyer's acknowledgment of delivery of a copy of the retail installment contract must:
(1) be in at least 10-point type that is bold-faced, capitalized, or underlined or otherwise conspicuously set out from the surrounding written material; and
(2) appear directly above the buyer's signature.
(b) Any retail buyer's acknowledgment conforming to this section of delivery of a copy of the retail installment contract is, in an action or proceeding by or against a holder of the contract who was without knowledge to the contrary when the holder purchased it, conclusive proof:
(1) that the copy was delivered to the buyer;
(2) that the contract did not contain a blank space that was required to have been completed under this chapter when the contract was signed by the buyer; and
(3) of compliance with Sections 348.009, 348.101, 348.102, 348.123, 348.205, 348.405, 348.406, and 348.408.
(1) be in at least 10-point type that is bold-faced, capitalized, or underlined or otherwise conspicuously set out from the surrounding written material; and
(2) appear directly above the buyer's signature.
(b) Any retail buyer's acknowledgment conforming to this section of delivery of a copy of the retail installment contract is, in an action or proceeding by or against a holder of the contract who was without knowledge to the contrary when the holder purchased it, conclusive proof:
(1) that the copy was delivered to the buyer;
(2) that the contract did not contain a blank space that was required to have been completed under this chapter when the contract was signed by the buyer; and
(3) of compliance with Sections 348.009, 348.101, 348.102, 348.123, 348.205, 348.405, 348.406, and 348.408.
Status: in_force · Read it on the official government site
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