Sec. 345.355. PROHIBITION ON CERTAIN ACTS OF REPOSSESSION. A retail installment contract or retail charge agreement may not:
(1) authorize the holder or a person acting on the holder's behalf to:
(A) enter the retail buyer's premises unlawfully; or
(B) commit a breach of the peace in the repossession of goods; or
(2) provide for the retail buyer to execute a power of attorney appointing, as the buyer's agent in the repossession of goods, the holder or a person acting on the holder's behalf.
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 H. Other Provisions Applicable to Contracts and Agreements
Section 345.351. Registration of Holder
Section 345.352. Seller's Promise to Pay or Tender of Cash to Buyer as Part of Transaction
Section 345.353. Making of Contract or Agreement by Mail or Telephone
Section 345.354. Prohibition on Power of Attorney to Confess Judgment and Assignment of Wages
Section 345.355. Prohibition on Certain Acts of Repossession