{"data":{"id":"us-tx/tex.-business-commerce-code-115.004","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 115.004","heading":"ADDITIONAL DISCLOSURES FOR LEASE AGREEMENTS.","body":"In addition to the disclosures required under Section 115.003, a lessor shall provide to a leasing residential or small commercial customer in writing:\n(1) the term and rate of the lease, including any payment escalators or other terms that affect the customer's payments; and\n(2) a statement of whether the lease and any applicable warranty or maintenance agreement is transferable to a subsequent purchaser of the property where the distributed renewable generation resource is installed.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 561 (S.B. 398), Sec. 1, eff. September 1, 2021.\nRedesignated by Acts 2023, 88th Leg., R.S., Ch. 768 (H.B. 4595), Sec. 24.001(1), eff. September 1, 2023.\nAmended by:\nActs 2023, 88th Leg., R.S., Ch. 768 (H.B. 4595), Sec. 24.002(1), eff. September 1, 2023.","path":["BUSINESS AND COMMERCE CODE","TITLE 5. REGULATION OF BUSINESSES AND SERVICES","SUBTITLE C. BUSINESS OPERATIONS","CHAPTER 115. SALES AND LEASING OF DISTRIBUTED RENEWABLE GENERATION RESOURCES"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.115.htm#115.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"33435be83e171337b93825108dce05becd93cd0b7842359efca1e78c5bfdb135","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-115.003","next":"us-tx/tex.-business-commerce-code-115.005"},"notice":"GroundRules: Original legal text. Not legal advice."}