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Texas Finance Code - FIN § 347.054. Consumer's Acknowledgment of Delivery of Credit Document

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

(a) A consumer's acknowledgment of the delivery of a copy of the credit document is conclusive proof that:

(1) the document was delivered to the consumer;  and

(2) the document did not contain a blank space that was required by this chapter to have been filled when the document was signed by the consumer.

(b) In an action or proceeding by or against a subsequent creditor who does not have knowledge to the contrary, a consumer's acknowledgment of the delivery of a copy of the credit document is conclusive proof that the creditor complied with this section.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 347.054. Consumer's Acknowledgment of Delivery of Credit Document - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-347-054/

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