Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 347.153 - Requirements for Amendment(a) Before an amendment of a credit transaction may take effect it must be: (1) confirmed in writing;(2) signed by the consumer; and(3) returned to the creditor.(b) The writing must state: (1) the terms of the amendment; and(2) the new due dates and amounts of the installments.(c) The creditor shall:(1) deliver a copy of the writing to the consumer; or(2) mail a copy of the writing to the consumer's address shown on the credit document. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.