Texas Statutes
§ 398.055 — UNENFORCEABILITY OF CERTAIN CONTRACT PROVISIONS.
Texas § 398.055
JurisdictionTexas
Code FIFinance Code
This text of Texas § 398.055 (UNENFORCEABILITY OF CERTAIN CONTRACT PROVISIONS.) 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. § 398.055 (2026).
Text
Sec. 398.055. UNENFORCEABILITY OF CERTAIN CONTRACT PROVISIONS. A commercial sales-based financing contract that contains a confession of judgment provision or any similar provision is void and unenforceable.
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Legislative History
Added by Acts 2025, 89th Leg., R.S., Ch. 723 (H.B. 700 ), Sec. 1, eff. September 1, 2025.
Nearby Sections
13
§ 398.001
DEFINITIONS.§ 398.002
APPLICABILITY OF CHAPTER.§ 398.003
EXEMPTIONS.§ 398.004
APPLICATION OF OTHER LAW.§ 398.051
DISCLOSURES.§ 398.052
SIGNATURE.§ 398.053
PROVIDER AND BROKER REGISTRATION.§ 398.054
UPDATE OF REGISTRATION STATEMENT.§ 398.056
CERTAIN AUTOMATIC DEBITS PROHIBITED.§ 398.101
CIVIL PENALTY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 398.055, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/398.055.