{"data":{"id":"us-tx/tex.-finance-code-349.503","jurisdiction":"us-tx","citation":"Tex. Finance Code § 349.503","heading":"CERTAIN PROCEEDINGS IN CONNECTION WITH SALE-LEASEBACK TRANSACTION.","body":"(a) If a buyer in a sale-leaseback transaction requires the seller to provide a check as security for the transaction, the buyer may not file or threaten to file a charge, complaint, or criminal prosecution under Section 31.03, 31.04, or 32.41, Penal Code, based on nonpayment of the check.\n(b) A buyer who violates Subsection (a) commits an offense. An offense under this section is a misdemeanor punishable by a fine of not more than $1,000.\nAdded by Acts 2001, 77th Leg., ch. 1235, Sec. 19, eff. Sept. 1, 2001.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 349. PENALTIES AND LIABILITIES","SUBCHAPTER F. CRIMINAL OFFENSES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.349.htm#349.503","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"76ebe923b8b46e627cc92cb3369087f8e0dde3904869ea45fc586c17cfaa4de1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-349.502","next":"us-tx/tex.-finance-code-350.001"},"notice":"GroundRules: Original legal text. Not legal advice."}
