Tex.
Bus. & Com. Code Section 604.002
Inapplicability of Chapter
(1)
is issued by:(A)
a financial institution acting as a financial agent of the United States or this state;(B)
a federally insured financial institution, as defined by Section 201.101 (Definitions), Finance Code, if the financial institution is primarily liable for the card as the issuing principal; or(C)
an air carrier holding a certificate of public convenience and necessity under Title 49, United States Code;(2)
is issued as a prepaid calling card by a prepaid calling card company regulated under Section 55.253 (Telephone Prepaid Calling Services), Utilities Code;(3)
is distributed by the issuer to a person under an awards, rewards, loyalty, incentive, rebate, or promotional program and is not issued or reloaded in exchange for money tendered by the cardholder;(4)
is sold below face value or donated to:(A)
an employee of the seller or issuer;(B)
a nonprofit or charitable organization; or(C)
an educational institution for fund-raising purposes; or(5)
does not expire and for which the seller does not charge a fee other than a fee described in Section 604.051 (Fees and Charges Related to Issuance and Handling of Card).
Source:
Section 604.002 — Inapplicability of Chapter, https://statutes.capitol.texas.gov/Docs/BC/htm/BC.604.htm#604.002 (accessed May 26, 2025).
