Sec. 342.506. INSTRUMENT WITH BLANK PROHIBITED. A lender may not take an instrument in which a blank is left to be filled in after the loan is made.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Subchapter K. Limitations on Authorized Lender
Section 342.501. Obligation Under More Than One Contract
Section 342.502. Amount Authorized
Section 342.503. Security for Loan
Section 342.504. Confession of Judgment; Power of Attorney
Section 342.505. Disclosure of Amount Financed and Schedule of Payments
Section 342.506. Instrument With Blank Prohibited