EFFECT OF CONTRACT ON THIRD-PARTY RIGHTS.

Tex. OCC Code § 702.310.
in effect
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A contract may not require the purchaser to execute a note or series of notes if separate negotiation of the notes cuts off as to third parties a right of action or defense that the purchaser may assert against the seller.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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