Sec. 347.053. PROVISIONS PROHIBITED IN CREDIT DOCUMENT. A credit document may not:
(1) contain a power of attorney to confess judgment in this state;
(2) contain an assignment of wages;
(3) provide that the consumer agrees not to assert against a creditor or an assignee of the credit transaction a claim or defense arising out of the sale; or
(4) authorize the creditor or a person acting on the creditor's behalf to:
(A) enter the consumer's premises unlawfully; or
(B) commit a breach of the peace in the repossession of a manufactured home.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 347.003 347.004 347.005 347.006 347.007 347.051 347.052 347.053 347.054 347.055 347.056 347.101 347.102 347.103 347.104 NextLast modified: September 28, 2016