Sec. 348.003. CLASSIFICATION AS RETAIL INSTALLMENT TRANSACTION UNAFFECTED

Latest version.

A transaction is not excluded as a retail installment transaction because:
(1) the retail seller arranges to transfer the retail buyer's obligation;
(2) the amount of any charge in the transaction is determined by reference to a chart or other information furnished by a financing institution;
(3) a form for all or part of the retail installment contract is furnished by a financing institution; or
(4) the credit standing of the retail buyer is evaluated by a financing institution.

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

                    
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