Seller's Promise to Pay or Tender of Cash to Buyer as Part of Transaction

Motor Vehicle Installment Sales · Holder's Rights, Duties, and Limitations

A retail seller may not promise to pay, pay, or otherwise tender cash to a retail buyer as a part of a transaction under this chapter unless specifically authorized by this chapter.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.