Current as of April 14, 2021 | Updated by FindLaw Staff
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(a) A retail installment contract or retail charge agreement may not:
(1) provide for a waiver of the retail buyer's rights of action against the holder or a person acting on the holder's behalf for an illegal act committed in:
(A) the collection of payments under the contract or agreement; or
(B) the repossession of goods; or
(2) provide that the retail buyer agrees not to assert against the retail seller a claim or defense arising out of the sale.
(b) A retail buyer may not waive any provision of this chapter before or at the time of the making of a retail installment contract, retail charge agreement, or purchase under the contract or agreement.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 345.356. Buyer's Waiver - last updated April 14, 2021 | https://codes.findlaw.com/tx/finance-code/fin-sect-345-356/
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