{"data":{"id":"us-tx/tex.-finance-code-353.103","jurisdiction":"us-tx","citation":"Tex. Finance Code § 353.103","heading":"TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT.","body":"(a) A retail installment contract may provide for:\n(1) any amount of time price differential permitted under Section 353.104, 353.105, or 353.106; or\n(2) any rate of time price differential not exceeding a yield permitted under Section 353.104, 353.105, or 353.106.\n(b) The time price differential may be computed using the:\n(1) precomputed earnings method;\n(2) scheduled installment earnings method; or\n(3) true daily earnings method.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 353. COMMERCIAL MOTOR VEHICLE INSTALLMENT SALES","SUBCHAPTER B. RETAIL INSTALLMENT CONTRACT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.353.htm#353.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"3d12cc8d6b111cc4fbe70272cf87ca12a5b88d8b5abc5b4aad082deff8481fe9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-353.102","next":"us-tx/tex.-finance-code-353.104"},"notice":"GroundRules: Original legal text. Not legal advice."}