Tex. Fin. Code § 353.303
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Unless a retail buyer has notice of the assignment or negotiation of the buyer's retail installment contract or an outstanding balance under the contract, a payment by the buyer to the most recent holder known to the buyer is binding on all subsequent holders.
Tex. Fin. Code § 353.303