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

Tex. Finance Code § 348.121: AMOUNT OF REFUND CREDIT FOR OTHER CONTRACTS.

Where this section sits in the code

FINANCE CODE
TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
CHAPTER 348. MOTOR VEHICLE INSTALLMENT SALES
SUBCHAPTER B. RETAIL INSTALLMENT CONTRACT

The minimum amount of the refund credit on a retail installment contract to which Section 348.120 does not apply shall be computed in a manner proportionate to the method set out by that section for the type of motor vehicle being sold, having due regard for:

(1) the amount of each installment;

(2) the irregularity of the installment periods; and

(3) the requirements of Sections 348.104(f) and 348.106.

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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