CHAPTER 391. FURNISHING FALSE CREDIT INFORMATION

FINANCE CODE

TITLE 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES

CHAPTER 391. FURNISHING FALSE CREDIT INFORMATION

Sec. 391.001. DEFINITION. In this chapter, "credit reporting

bureau" means a person who engages in the practice of assembling

or reporting credit information about individuals for the purpose

of furnishing the information to a third party.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Sec. 391.002. FURNISHING FALSE INFORMATION; PENALTY. (a) A

person commits an offense if the person knowingly furnishes false

information about another person's creditworthiness, credit

standing, or credit capacity to a credit reporting bureau.

(b) A credit reporting bureau commits an offense if the credit

reporting bureau knowingly furnishes false information about a

person's creditworthiness, credit standing, or credit capacity to

a third party.

(c) An offense under this section is a misdemeanor punishable by

a fine of not more than $200.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.