A credit services organization or a representative of the organization may not charge or receive from a consumer valuable consideration solely for referring the consumer to a retail seller who will or may extend to the consumer credit that is substantially the same as that available to the public.
Tex. Fin. Code § 393.303
CHARGE OR RECEIPT OF CONSIDERATION FOR REFERRAL
Applied in 1 court decision — leading case Lovick v. Ritemoney Ltd. (2004)
Most recently applied in Lovick v. Ritemoney Ltd. (July 2004)
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.