§ 345.301 Authority to Acquire
§ 345.302 Lack of Notice Does Not Affect Validity as to Certain Creditors
§ 345.303 Payment by Buyer
§ 345.304 Preservation of Buyer’s Right of Action or Defense

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Terms Used In Texas Finance Code Chapter 345 > Subchapter G - Acquisition of Contract, Agreement, or Balance

  • Contract: A legal written agreement that becomes binding when signed.
  • Department: means the Department of Agriculture. See Texas Agriculture Code 1.003
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • 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
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005