{"data":{"id":"us-tx/tex.-business-commerce-code-92.053","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 92.053","heading":"OTHER REQUIRED PROVISIONS.","body":"A rental-purchase agreement must provide that:\n(1) any charge in addition to periodic payments must be reasonably related to the service performed; and\n(2) a consumer who fails to make a timely payment may reinstate an agreement, without losing any right or option previously acquired, by taking the required action before the later of:\n(A) one week after the due date of the payment; or\n(B) the number of days after the due date of the payment that is equal to half the number of days in a regular payment period.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.","path":["BUSINESS AND COMMERCE CODE","TITLE 5. REGULATION OF BUSINESSES AND SERVICES","SUBTITLE B. RENTAL PRACTICES","CHAPTER 92. RENTAL-PURCHASE AGREEMENTS","SUBCHAPTER B. FORM AND CONTENT OF AGREEMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.92.htm#92.053","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"0921d888ff21995056d2b60926c0453ac69b31a70fb1baa9bf2425872547e9e2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-92.052","next":"us-tx/tex.-business-commerce-code-92.054"},"notice":"GroundRules: Original legal text. Not legal advice."}