Current as of April 14, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(a) This chapter applies to a person who extends credit primarily for personal, family, or household use and not for a business, commercial, investment, or agricultural purpose. For the purposes of this chapter, credit means the right granted to a debtor to defer payment of debt or to incur debt and defer its payment. A creditor is subject to this chapter if the creditor charges a finance charge or extends credit payable in one or more installments.
(b) This chapter does not apply to a person who is:
(1) licensed or registered under this title or Title 3 1; or
(2) exempt from licensing or registration under this title.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 350.001. Applicability - last updated April 14, 2021 | https://codes.findlaw.com/tx/finance-code/fin-sect-350-001/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.