{"data":{"id":"us-tx/tex.-finance-code-353.410","jurisdiction":"us-tx","citation":"Tex. Finance Code § 353.410","heading":"TRANSFER OF EQUITY.","body":"(a) With the written consent of the holder, a retail buyer may transfer at any time the buyer's equity in the commercial vehicle subject to the retail installment contract to another person.\n(b) The holder may charge for the transfer of equity an amount that does not exceed:\n(1) $25 for a commercial vehicle that is not a heavy commercial vehicle; or\n(2) $50 for a heavy commercial vehicle.\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#353.410","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"a8ee0451bd45af381d2542a01239e921c2f4c457b3e42bc544005e3c1200009f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-353.409","next":"us-tx/tex.-finance-code-353.501"},"notice":"GroundRules: Original legal text. Not legal advice."}
