§ 348.112 — BUYER'S ACKNOWLEDGMENT OF DELIVERY OF CONTRACT COPY.

Texas § 348.112

• Jurisdiction: Texas
• Code FI: Finance Code

Text

Sec. 348.112. BUYER'S ACKNOWLEDGMENT OF DELIVERY OF CONTRACT COPY. (a) Any retail buyer's acknowledgment of delivery of a copy of the retail installment contract must:
(1) be in at least 10-point type that is bold-faced, capitalized, or underlined or otherwise conspicuously set out from the surrounding written material; and
(2) appear directly above the buyer's signature.
(b) Any retail buyer's acknowledgment conforming to this section of delivery of a copy of the retail installment contract is, in an action or proceeding by or against a holder of the contract who was without knowledge to the contrary when the holder purchased it, conclusive proof:
(1) that the copy was delivered to the buyer;
(2) that the contract did not contain a blank space that was required to have been completed under this chapter when the contract was signed by the buyer; and
(3) of compliance with Sections 348.009 , 348.101 , 348.102 , 348.123 , 348.205 , 348.405 , 348.406 , and 348.408 .

Legislative History

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