Tex. Finance Code § 348.303: PAYMENT BY BUYER.
Where this section sits in the code
- FINANCE CODE
- TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
- SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
- CHAPTER 348. MOTOR VEHICLE INSTALLMENT SALES
- SUBCHAPTER D. ACQUISITION OF CONTRACT OR BALANCE
Unless a retail buyer has notice of the assignment or negotiation of the buyer's retail installment contract or an outstanding balance under the contract, a payment by the buyer to the most recent holder known to the buyer is binding on all subsequent holders.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Collected 2026-08-27T01:47:13Z. Source file · JSON