Amend CSHB 1188 on page 13, between lines 1 and 2, by
inserting the following:
      Art.  5A.15.  SUBSEQUENT HOLDER OF EQUITY LOAN.  (a)  In
connection with a sale or lease of goods or services to be financed
with the proceeds of an equity loan, the seller or lessor may not
accept full or partial payment for the sale or lease unless the
equity loan agreement includes the following notice in at least 10
point, bold face type:
                              NOTICE
      ANY HOLDER OF THIS EQUITY LOAN IS SUBJECT TO ALL CLAIMS AND
DEFENSES THAT THE DEBTOR COULD ASSERT AGAINST THE SELLER OR LESSOR
OF GOODS OR SERVICES OBTAINED WITH PROCEEDS FROM THIS LOAN. THE
DEBTOR'S RECOVERY MAY NOT EXCEED AMOUNTS PAID BY THE DEBTOR FOR THE
GOODS OR SERVICES. 
      (b)  A holder of an equity loan is subject to all claims and
defenses that the debtor could assert against the seller or lessor
of goods or services obtained with proceeds of the equity loan. The
debtor's recovery may not exceed amounts paid by the debtor for the
goods or services.