{"data":{"id":"us-tx/tex.-finance-code-353.406","jurisdiction":"us-tx","citation":"Tex. Finance Code § 353.406","heading":"LIABILITY RELATING TO OUTSTANDING BALANCE INFORMATION.","body":"A holder who violates Section 353.405 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.\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 E. HOLDER'S RIGHTS, DUTIES, AND LIMITATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.353.htm#353.406","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"91fc3a7f71689d74eb8f6994b9577aabc360be933e088e1d586435340d9cce05","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-353.405","next":"us-tx/tex.-finance-code-353.407"},"notice":"GroundRules: Original legal text. Not legal advice."}