Texas Finance Code 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.
Terms Used In Texas Finance Code 348.112
- Contract: A legal written agreement that becomes binding when signed.
- Signature: includes the mark of a person unable to write, and "subscribe" includes the making of such a mark. See Texas Government Code 312.011
- Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005