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Texas Business and Commerce Code - BUS & COM § 761.001. Definitions

Current as of January 01, 2024 | Updated by Findlaw Staff

In this chapter:

(1) “Campus credit card marketing activity”:

(A) means any activity:

(i) conducted by an agent or employee of a credit card issuer on the campus of a postsecondary educational institution;  and

(ii) designed to encourage and enable students to apply for a credit card;  and

(B) includes the act of placing on the campus a display or poster together with a form that can be returned to the credit card issuer as a credit card application, even if an employee or agent of the credit card issuer is not present at the display.

(2) “Credit card” means a card or device issued under an agreement by which the issuer gives to a cardholder the right to obtain credit from the issuer or another person.

(3) “Credit card issuer” means a lender, including a financial institution, or a merchant that receives applications and issues credit cards to individuals.

(4) “Governing board” means the body charged with policy direction of any postsecondary educational institution, including a board of directors, a board of regents, a board of trustees, and an independent school district board that is charged with policy direction of a public junior college.

(5) “Postsecondary educational institution” means:

(A) an institution of higher education as defined by Section 61.003, Education Code;

(B) a private or independent institution of higher education as defined by Section 61.003, Education Code;  or

(C) a private postsecondary educational institution as defined by Section 61.302, Education Code.

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Cite this article: FindLaw.com - Texas Business and Commerce Code - BUS & COM § 761.001. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-and-commerce-code/bus-com-sect-761-001/

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