Texas § 353.409 BUYER'S WAIVER.

Texas Statutes

§ 353.409 — BUYER'S WAIVER.

Texas § 353.409

Code FIFinance Code

This text of Texas § 353.409 (BUYER'S WAIVER.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 353.409 (2026).

Text

Sec. 353.409. BUYER'S WAIVER.

(a)A retail installment contract may not:

(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:

(A)the collection of payments under the contract; or

(B)the repossession of the commercial vehicle; or

(2)provide that the retail buyer agrees not to assert against the holder a claim or defense arising out of the sale.

(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.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 353.409. BUYER'S WAIVER. (a) A retail installment contract may not:
(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:
(A) the collection of payments under the contract; or
(B) the repossession of the commercial vehicle; or
(2) provide that the retail buyer agrees not to assert against the holder a claim or defense arising out of the sale.
(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.