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Texas Finance Code - FIN § 345.356. Buyer's Waiver

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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: - Texas Finance Code - FIN § 345.356. Buyer's Waiver - last updated April 14, 2021 |

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