Sec. 345.109. DELIVERY OF COPY OF AGREEMENT. (a) A retail seller or credit card issuer shall deliver or mail a copy of the executed retail charge agreement to the retail buyer before the date on which the first payment under the agreement is due.
(b) If a copy of the retail charge agreement is not retained by the retail seller, a notation in the seller's permanent record showing that the agreement was mailed and the date of mailing is presumptive proof of the mailing.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 345 - Retail Installment Sales
Subchapter C. Retail Charge Agreement
Section 345.101. Making Retail Charge Agreement
Section 345.102. Agreement General Requirements
Section 345.103. Time Price Differential for Agreement
Section 345.104. Use of Optional Ceiling
Section 345.105. Charges for Collection of Payment of Agreement
Section 345.106. Processing Fee for Returned Check
Section 345.107. Prohibited Fees
Section 345.108. Prohibition on Signing of Agreement With Blank Spaces
Section 345.109. Delivery of Copy of Agreement
Section 345.110. Buyer's Acknowledgment of Delivery of Agreement Copy
Section 345.111. Statement of Cash Price