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Tex. Occ. Code § 2153.254

WRITTEN AGREEMENT REQUIRED

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff

A license holder may extend or lend credit only if the credit transaction is evidenced by a written agreement that:

(1) is signed by the parties to the agreement; and

(2) specifies the:

(A) credit amount;

(B) consideration for the credit transaction; and

(C) terms governing repayment.

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