Tex. Fin. Code § 348.003

CLASSIFICATION AS RETAIL INSTALLMENT TRANSACTION UNAFFECTED

Applied in 1 court decision — leading case Peltier Enterprises, Inc. v. Hilton (2001)

Most recently applied in Peltier Enterprises, Inc. v. Hilton (February 2001)

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff

A transaction is not excluded as a retail installment transaction because:

(1) the retail seller arranges to transfer the retail buyer's obligation;

(2) the amount of any charge in the transaction is determined by reference to a chart or other information furnished by a financing institution;

(3) a form for all or part of the retail installment contract is furnished by a financing institution; or

(4) the credit standing of the retail buyer is evaluated by a financing institution.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.