{"data":{"id":"us-tx/tex.-finance-code-348.409","jurisdiction":"us-tx","citation":"Tex. Finance Code § 348.409","heading":"LIABILITY RELATING TO OUTSTANDING BALANCE INFORMATION.","body":"A holder who violates Section 348.408 is liable to the retail buyer or the buyer's designee in an amount computed by adding:\n(1) three times the difference between the amount tendered and the amount sought by the holder at the time of tender;\n(2) interest;\n(3) reasonable attorney's fees; and\n(4) costs.\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 348. MOTOR VEHICLE INSTALLMENT SALES","SUBCHAPTER E. HOLDER'S RIGHTS, DUTIES, AND LIMITATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.348.htm#348.409","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"2990d62e8d2430aacd54503abc2218d93aac0462f0d56d7d5f2e89c57bc236fd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-348.408","next":"us-tx/tex.-finance-code-348.410"},"notice":"GroundRules: Original legal text. Not legal advice."}