{"data":{"id":"us-tx/tex.-finance-code-345.069","jurisdiction":"us-tx","citation":"Tex. Finance Code § 345.069","heading":"DEFERMENT OF INSTALLMENT.","body":"(a) A holder of a retail installment contract, on request of the retail buyer, may agree to defer the scheduled due date of all or part of one or more installments.\n(b) A holder may collect from the retail buyer for deferment of an installment:\n(1) a charge that is a part of the time price differential and computed on the amount deferred for the period of deferment at the monthly rate of 15 cents for each $10; and\n(2) the amount of the additional cost to the holder for:\n(A) premiums for continuing in force any insurance provided for by the contract; and\n(B) additional necessary official fees.\n(c) The minimum charge under Subsection (b)(1) is $1.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 345. RETAIL INSTALLMENT SALES","SUBCHAPTER B. RETAIL INSTALLMENT CONTRACT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.345.htm#345.069","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"59b599a3be695e7b5b6716e370d1615b09f98b5a16078ad5b8009e00c7b6e1c3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-345.068","next":"us-tx/tex.-finance-code-345.070"},"notice":"GroundRules: Original legal text. Not legal advice."}