Sec. 337. SALES OF PERSONAL PROPERTY ON CREDIT

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No more than six months credit may be allowed when personal property is sold at public auction, based upon the date of such sale. The purchaser shall be required to give his note for the amount due, with good and solvent personal security, before delivery of such property can be made to him, but security may be waived if delivery is not to be made until the note, with interest, has been paid.

Acts 1955, 54th Leg., p. 88, ch. 55, eff. Jan. 1, 1956.

                    
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