Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES |
Chapter 393. CREDIT SERVICES ORGANIZATIONS |
Subchapter D. PROHIBITIONS AND RESTRICTIONS |
Sec. 393.303. CHARGE OR RECEIPT OF CONSIDERATION FOR REFERRAL
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A credit services organization or a representative of the organization may not charge or receive from a consumer valuable consideration solely for referring the consumer to a retail seller who will or may extend to the consumer credit that is substantially the same as that available to the public.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.