Sec. 348.112. BUYER'S ACKNOWLEDGMENT OF DELIVERY OF CONTRACT COPY. (a) Any retail buyer's acknowledgment of delivery of a copy of the retail installment contract must:
(1) be in at least 10-point type that is bold-faced, capitalized, or underlined or otherwise conspicuously set out from the surrounding written material; and
(2) appear directly above the buyer's signature.
(b) Any retail buyer's acknowledgment conforming to this section of delivery of a copy of the retail installment contract is, in an action or proceeding by or against a holder of the contract who was without knowledge to the contrary when the holder purchased it, conclusive proof:
(1) that the copy was delivered to the buyer;
(2) that the contract did not contain a blank space that was required to have been completed under this chapter when the contract was signed by the buyer; and
(3) of compliance with Sections 348.009, 348.101, 348.102, 348.123, 348.205, 348.405, 348.406, and 348.408.
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 348 - Motor Vehicle Installment Sales
Subchapter B. Retail Installment Contract
Section 348.101. Retail Installment Contract General Requirements
Section 348.1015. Contract Conditioned on Subsequent Assignment Prohibited
Section 348.102. Contents of Contract
Section 348.103. Time Price Differential for Retail Installment Contract
Section 348.104. Time Price Differential for Contract With Equal Monthly Successive Payments
Section 348.105. Use of Optional Ceiling
Section 348.106. Time Price Differential for Other Contracts
Section 348.107. Charge for Default in Payment of Installment
Section 348.108. Charges for Collecting Debt
Section 348.109. Acceleration of Debt Maturity
Section 348.110. Delivery of Copy of Contract
Section 348.111. Buyer's Right to Rescind Contract
Section 348.112. Buyer's Acknowledgment of Delivery of Contract Copy
Section 348.113. Amendment of Retail Installment Contract
Section 348.116. Confirmation of Amendment
Section 348.117. Contract After Amendment
Section 348.118. Prepayment of Contract
Section 348.119. Refund Credit on Prepayment
Section 348.120. Amount of Refund Credit for Monthly Installment Contract
Section 348.121. Amount of Refund Credit for Other Contracts
Section 348.122. Reinstatement of Contract After Demand for Payment
Section 348.123. Refinancing of Large Installment
Section 348.124. Debt Cancellation Agreements
Section 348.125. Trade-in Credit Agreements Offered in Connection With Retail Installment Contracts