Sec. 702.310.  EFFECT OF CONTRACT ON THIRD-PARTY RIGHTS.  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.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.