Tex. Bus. & Com. Code § 601.153
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A merchant may not negotiate, transfer, sell, or assign a note or other evidence of indebtedness to a finance company or other third party before midnight of the fifth business day after the date the contract pertaining to a consumer transaction was signed or the goods or services were purchased.
Tex. Bus. and Comm. Code § 601.153