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Tex. Finance Code § 345.080

OBLIGATION UNDER MORE THAN ONE CONTRACT

Texas · Texas Finance Code · Status: effective

Business & Commerce
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Tex. Finance Code § 345.080, OBLIGATION UNDER MORE THAN ONE CONTRACT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647383
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(a) A retail seller may not induce a person or a husband and wife to become obligated at substantially the same time under more than one retail installment contract with the same seller for the deliberate purpose of obtaining a greater amount of time price differential than is permitted under this chapter for one retail installment contract. (b) A contract made by a retail buyer and retail seller after the 30th day after the date of a contract between that buyer and seller is presumed not to violate this section.