Texas Finance Code 345.064 – Completion of Contract
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(a) A person may not sign a retail installment contract that contains a blank space for an item that is an essential provision of the transaction.
(b) If delivery of the goods is not made at the time the contract is executed, the identifying numbers or marks of the goods or similar information and the due date of the first installment may be inserted by the retail seller in the seller’s counterpart of the contract after the contract has been signed by the retail buyer.
Terms Used In Texas Finance Code 345.064
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005