Sec. 345.356. BUYER'S WAIVER. (a) A retail installment contract or retail charge agreement may not:
(1) provide for a waiver of the retail buyer's rights of action against the holder or a person acting on the holder's behalf for an illegal act committed in:
(A) the collection of payments under the contract or agreement; or
(B) the repossession of goods; or
(2) provide that the retail buyer agrees not to assert against the retail seller a claim or defense arising out of the sale.
(b) A retail buyer may not waive any provision of this chapter before or at the time of the making of a retail installment contract, retail charge agreement, or purchase under the contract or agreement.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 345.214 345.215 345.251 345.252 345.253 345.301 345.302 345.303 345.304 345.351 345.352 345.353 345.354 345.355 345.356Last modified: September 28, 2016