{"data":{"id":"us-tx/tex.-finance-code-353.303","jurisdiction":"us-tx","citation":"Tex. Finance Code § 353.303","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.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 353. COMMERCIAL MOTOR VEHICLE INSTALLMENT SALES","SUBCHAPTER D. ACQUISITION OF CONTRACT OR BALANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.353.htm#353.303","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"20a020078de676b342be428b9e6f0786ae7f770d14bac2ca41e23ee21c7a1937","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-353.302","next":"us-tx/tex.-finance-code-353.401"},"notice":"GroundRules: Original legal text. Not legal advice."}