Tex. Finance Code § 347.053
PROVISIONS PROHIBITED IN CREDIT DOCUMENT
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 347.053, PROVISIONS PROHIBITED IN CREDIT DOCUMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647471
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Full text
A credit document may not:
(1) contain a power of attorney to confess judgment in this state;
(2) contain an assignment of wages;
(3) provide that the consumer agrees not to assert against a creditor or an assignee of the credit transaction a claim or defense arising out of the sale; or
(4) authorize the creditor or a person acting on the creditor's behalf to:
(A) enter the consumer's premises unlawfully; or
(B) commit a breach of the peace in the repossession of a manufactured home.