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

Tex. Finance Code § 353.103: TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT.

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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 353. COMMERCIAL MOTOR VEHICLE INSTALLMENT SALES
  5. SUBCHAPTER B. RETAIL INSTALLMENT CONTRACT

(a) A retail installment contract may provide for:

(1) any amount of time price differential permitted under Section 353.104, 353.105, or 353.106; or

(2) any rate of time price differential not exceeding a yield permitted under Section 353.104, 353.105, or 353.106.

(b) The time price differential may be computed using the:

(1) precomputed earnings method;

(2) scheduled installment earnings method; or

(3) true daily earnings method.

Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.

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

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