{"data":{"id":"us-tx/tex.-finance-code-347.504","jurisdiction":"us-tx","citation":"Tex. Finance Code § 347.504","heading":"CREDITOR'S LIABILITY FOR ORAL OR UNSOLICITED WRITTEN STATEMENT OF AMOUNT OWED.","body":"On a credit transaction a creditor is not liable for an oral statement of an amount owed or for a written statement of an amount owed that is not solicited by a debtor unless the statement:\n(1) is made with a demand by a creditor that the consumer pay an amount that exceeds the amount authorized by this subtitle; or\n(2) is contained in a solicitation to renew or refinance existing debt.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 347. MANUFACTURED HOME CREDIT TRANSACTIONS","SUBCHAPTER K. CREDITOR'S LIABILITY; PENALTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.347.htm#347.504","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"b133793ee546338699f06bc262474ab0de99f37ce60d63c50b8618761e6d869a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-347.503","next":"us-tx/tex.-finance-code-347.505"},"notice":"GroundRules: Original legal text. Not legal advice."}