{"data":{"id":"us-tx/tex.-finance-code-353.409","jurisdiction":"us-tx","citation":"Tex. Finance Code § 353.409","heading":"BUYER'S WAIVER.","body":"(a) A retail installment contract may not:\n(1) provide for a waiver of the retail buyer's rights of action against the holder or a person acting on the holder's behalf for an illegal act committed in:\n(A) the collection of payments under the contract; or\n(B) the repossession of the commercial vehicle; or\n(2) provide that the retail buyer agrees not to assert against the holder a claim or defense arising out of the sale.\n(b) An act or agreement of the retail buyer before or at the time of the making of a retail installment contract or a purchase under the contract does not waive any provision of this chapter.\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 E. HOLDER'S RIGHTS, DUTIES, AND LIMITATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.353.htm#353.409","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"8fdf58e817ba8bb7e35c7f166707ee9c9078747836fc9b4caf4a663073ceace6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-353.408","next":"us-tx/tex.-finance-code-353.410"},"notice":"GroundRules: Original legal text. Not legal advice."}