{"data":{"id":"us-tx/tex.-finance-code-303.203","jurisdiction":"us-tx","citation":"Tex. Finance Code § 303.203","heading":"AUTOMOBILE CLUB MEMBERSHIP OFFERED IN CONNECTION WITH A LOAN.","body":"(a) A lender may, at the time or after a loan is made, offer to sell to the borrower and finance in a loan contract subject to this subtitle a charge for an automobile club membership.\n(b) The lender may not require the purchase of the membership authorized under Subsection (a) as a condition for approval of the loan.\n(c) The borrower shall provide the lender with written acknowledgment of the borrower's intent to purchase the membership.\n(d) The amount charged for a membership as authorized by Subsection (a) must be reasonable.\nAdded by Acts 2005, 79th Leg., Ch. 252 (H.B. 1088), Sec. 1, eff. September 1, 2005.\nAmended by:\nActs 2011, 82nd Leg., R.S., Ch. 1182 (H.B. 3453), Sec. 4, eff. September 1, 2011.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE A. INTEREST","CHAPTER 303. OPTIONAL RATE CEILINGS","SUBCHAPTER C. PROVISIONS APPLICABLE TO CERTAIN CONSUMER LOANS AND SECONDARY MORTGAGE LOANS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.303.htm#303.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"1317c9972cca8ca87affa14705bd0e98717f5f83d27561a3837169654d90e79b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-303.202","next":"us-tx/tex.-finance-code-303.301"},"notice":"GroundRules: Original legal text. Not legal advice."}