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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 348.119: REFUND CREDIT ON PREPAYMENT.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
  3. SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
  4. CHAPTER 348. MOTOR VEHICLE INSTALLMENT SALES
  5. SUBCHAPTER B. RETAIL INSTALLMENT CONTRACT

If a retail buyer prepays a retail installment contract in full or if the holder of the contract demands payment of the unpaid balance of the contract in full before the contract's final installment is due, the buyer is entitled to receive a refund credit as provided by Section 348.120 or 348.121, as applicable.

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

Collected 2026-08-27T01:47:13Z. Source file · JSON

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