{"data":{"id":"us-tx/tex.-finance-code-348.303","jurisdiction":"us-tx","citation":"Tex. Finance Code § 348.303","heading":"PAYMENT BY BUYER.","body":"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.\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 348. MOTOR VEHICLE INSTALLMENT SALES","SUBCHAPTER D. ACQUISITION OF CONTRACT OR BALANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.348.htm#348.303","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"e2c6ef6a55fb8c3544a5d06109c6ffad9f25ba8a0772dd81be42a358ac9c44a0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-348.302","next":"us-tx/tex.-finance-code-348.403"},"notice":"GroundRules: Original legal text. Not legal advice."}