Tex. Fin. Code § 348.301

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 348.301 - Authority to Acquire

A person may acquire a retail installment contract or an outstanding balance under a contract from another person on the terms, including the price, to which they agree. Notwithstanding any other applicable law of this state, no person acquiring or assigning a retail installment contract, or any balance under a contract, has any duty to disclose to any other person the terms on which a contract or balance under a contract is acquired, including any discount or difference between the rates, charges, or balance under the contract and the rates, charges, or balance acquired.

Tex. Fin. Code § 348.301

Amended by Acts 1999, 76th Leg., ch. 909, Sec. 2.20, eff. 6/18/1999.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.