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100 chapters · 2,835 sections in this title.
Tex. Finance Code § 398.001 Definitions
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Sec. 398.001. DEFINITIONS. In this chapter: (1) "Commercial sales-based financing" or "commercial sales-based financing transaction" means an extension of sales-based financing to a recipient by a provider, the proceeds of which the recipient does not intend to use primarily for …
Tex. Finance Code § 398.002 Applicability of Chapter
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Sec. 398.002. APPLICABILITY OF CHAPTER. This chapter applies to a provider or a commercial sales-based financing broker who offers, obtains, or provides commercial sales-based financing services over the Internet to or for a recipient of this state, regardless of whether the prov…
Tex. Finance Code § 398.003 Exemptions
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Sec. 398.003. EXEMPTIONS. This chapter does not apply to a provider or broker that is: (1) a bank, out-of-state bank, bank holding company, credit union, federal credit union, out-of-state credit union, or any subsidiary or affiliate of those financial institutions; (2) a person …
Tex. Finance Code § 398.004 Application of Other Law
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Sec. 398.004. APPLICATION OF OTHER LAW. A sales-based financing transaction is not a form of an account purchase transaction for purposes of Section 306.103, regardless of the principal amount of the advance. Added by Acts 2025, 89th Leg., R.S., Ch. 723 (H.B. 700), Sec. 1, eff. S…