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Subchapter A. General Provisions
Section 353.001. Definitions - Sec. 353.001. DEFINITIONS. In this chapter: (1) "Commercial vehicle" means...
Section 353.002. Presumption Regarding Noncommercial Vehicles; Exception - Sec. 353.002. PRESUMPTION REGARDING NONCOMMERCIAL VEHICLES; EXCEPTION. (a) A motor...
Section 353.003. Bailment or Lease as Retail Installment Transaction - Sec. 353.003. BAILMENT OR LEASE AS RETAIL INSTALLMENT TRANSACTION. (a)...
Section 353.004. Classification as Retail Installment Transaction Unaffected - Sec. 353.004. CLASSIFICATION AS RETAIL INSTALLMENT TRANSACTION UNAFFECTED. A transaction...
Section 353.005. Cash Price - Sec. 353.005. CASH PRICE. (a) The cash price is the...
Section 353.006. Itemized Charge - Sec. 353.006. ITEMIZED CHARGE. An amount in a retail installment...
Section 353.007. Additional Charges Permitted - Sec. 353.007. ADDITIONAL CHARGES PERMITTED. (a) In addition to the...
Section 353.008. Principal Balance; Inclusion of Documentary Fee - Sec. 353.008. PRINCIPAL BALANCE; INCLUSION OF DOCUMENTARY FEE. (a) The...
Section 353.009. Applicability of Chapter - Sec. 353.009. APPLICABILITY OF CHAPTER. (a) Except as provided by...
Section 353.010. Applicability of Other Statutes to Retail Installment Transaction - Sec. 353.010. APPLICABILITY OF OTHER STATUTES TO RETAIL INSTALLMENT TRANSACTION....
Section 353.011. Federal Disclosure Requirements - Sec. 353.011. FEDERAL DISCLOSURE REQUIREMENTS. If a disclosure requirement of...
Section 353.012. Additional Information Allowed in Contract - Sec. 353.012. ADDITIONAL INFORMATION ALLOWED IN CONTRACT. Information not required...
Section 353.013. Order of Items in Contract - Sec. 353.013. ORDER OF ITEMS IN CONTRACT. Items required by...
Section 353.014. Applicability of Insurance Premium Financing Provisions - Sec. 353.014. APPLICABILITY OF INSURANCE PREMIUM FINANCING PROVISIONS. Chapter 651,...
Section 353.015. Conditional Delivery Agreement - Sec. 353.015. CONDITIONAL DELIVERY AGREEMENT. (a) In this section, "conditional...
Section 353.016. Computation of Time Price Differential Using True Daily Earnings Method - Sec. 353.016. COMPUTATION OF TIME PRICE DIFFERENTIAL USING TRUE DAILY...
Section 353.017. Transaction Conditioned on Purchase of Vehicle Protection Product Prohibited - Sec. 353.017. TRANSACTION CONDITIONED ON PURCHASE OF VEHICLE PROTECTION PRODUCT...
Subchapter B. Retail Installment Contract
Section 353.101. Retail Installment Contract General Requirements - Sec. 353.101. RETAIL INSTALLMENT CONTRACT GENERAL REQUIREMENTS. (a) A retail...
Section 353.102. Contract Conditioned on Subsequent Assignment Prohibited - Sec. 353.102. CONTRACT CONDITIONED ON SUBSEQUENT ASSIGNMENT PROHIBITED. (a) A...
Section 353.103. Time Price Differential for Retail Installment Contract - Sec. 353.103. TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT. (a)...
Section 353.104. Time Price Differential for Contract With Equal Monthly Successive Payments - Sec. 353.104. TIME PRICE DIFFERENTIAL FOR CONTRACT WITH EQUAL MONTHLY...
Section 353.105. Use of Optional Ceiling - Sec. 353.105. USE OF OPTIONAL CEILING. As an alternative to...
Section 353.106. Time Price Differential for Other Contracts - Sec. 353.106. TIME PRICE DIFFERENTIAL FOR OTHER CONTRACTS. A retail...
Section 353.107. Charge for Default in Payment of Installment - Sec. 353.107. CHARGE FOR DEFAULT IN PAYMENT OF INSTALLMENT. (a)...
Section 353.108. Charges for Collecting Debt - Sec. 353.108. CHARGES FOR COLLECTING DEBT. A retail installment contract...
Section 353.109. Acceleration of Debt Maturity - Sec. 353.109. ACCELERATION OF DEBT MATURITY. A retail installment contract...
Section 353.110. Delivery of Copy of Contract - Sec. 353.110. DELIVERY OF COPY OF CONTRACT. A retail seller...
Section 353.111. Buyer's Right to Rescind Contract - Sec. 353.111. BUYER'S RIGHT TO RESCIND CONTRACT. Until the retail...
Section 353.112. Buyer's Acknowledgment of Delivery of Contract Copy - Sec. 353.112. BUYER'S ACKNOWLEDGMENT OF DELIVERY OF CONTRACT COPY. (a)...
Section 353.113. Amendment of Retail Installment Contract - Sec. 353.113. AMENDMENT OF RETAIL INSTALLMENT CONTRACT. On request by...
Section 353.116. Confirmation of Amendment - Sec. 353.116. CONFIRMATION OF AMENDMENT. An amendment to a retail...
Section 353.117. Contract After Amendment - Sec. 353.117. CONTRACT AFTER AMENDMENT. After amendment the retail installment...
Section 353.118. Prepayment of Contract - Sec. 353.118. PREPAYMENT OF CONTRACT. A retail buyer may prepay...
Section 353.119. Refund Credit on Prepayment - Sec. 353.119. REFUND CREDIT ON PREPAYMENT. (a) This section does...
Section 353.120. Amount of Refund Credit for Monthly Installment Contract - Sec. 353.120. AMOUNT OF REFUND CREDIT FOR MONTHLY INSTALLMENT CONTRACT....
Section 353.121. Refund on Contracts Using Scheduled Installment Earnings Method - Sec. 353.121. REFUND ON CONTRACTS USING SCHEDULED INSTALLMENT EARNINGS METHOD....
Section 353.122. Reinstatement of Contract After Demand for Payment - Sec. 353.122. REINSTATEMENT OF CONTRACT AFTER DEMAND FOR PAYMENT. After...
Subchapter C. Insurance
Section 353.201. Property Insurance - Sec. 353.201. PROPERTY INSURANCE. (a) A holder may require a...
Section 353.202. Credit Life and Credit Health and Accident Insurance - Sec. 353.202. CREDIT LIFE AND CREDIT HEALTH AND ACCIDENT INSURANCE....
Section 353.203. Maximum Amount of Credit Life and Credit Health and Accident Coverage - Sec. 353.203. MAXIMUM AMOUNT OF CREDIT LIFE AND CREDIT HEALTH...
Section 353.204. Insurance Statement - Sec. 353.204. INSURANCE STATEMENT. (a) If insurance is required in...
Section 353.205. Statement if Liability Insurance Not Included in Contract - Sec. 353.205. STATEMENT IF LIABILITY INSURANCE NOT INCLUDED IN CONTRACT....
Section 353.206. Buyer's Failure to Provide Evidence of Insurance - Sec. 353.206. BUYER'S FAILURE TO PROVIDE EVIDENCE OF INSURANCE. (a)...
Section 353.207. Charges for Other Insurance and Forms of Protection Included in Retail Installment Contract - Sec. 353.207. CHARGES FOR OTHER INSURANCE AND FORMS OF PROTECTION...
Section 353.208. Holder's Duty if Insurance Is Adjusted or Terminated - Sec. 353.208. HOLDER'S DUTY IF INSURANCE IS ADJUSTED OR TERMINATED....
Section 353.209. Gain or Advantage From Insurance Not Additional Charge - Sec. 353.209. GAIN OR ADVANTAGE FROM INSURANCE NOT ADDITIONAL CHARGE....
Section 353.210. Adding to Retail Installment Contract Premiums for Insurance Acquired After Transaction - Sec. 353.210. ADDING TO RETAIL INSTALLMENT CONTRACT PREMIUMS FOR INSURANCE...
Section 353.211. Effect of Adding Premium to Contract - Sec. 353.211. EFFECT OF ADDING PREMIUM TO CONTRACT. If a...
Section 353.212. Financing Entity May Not Require Insurance From Particular Source - Sec. 353.212. FINANCING ENTITY MAY NOT REQUIRE INSURANCE FROM PARTICULAR...
Subchapter D. Acquisition of Contract or Balance
Section 353.301. Authority to Acquire - Sec. 353.301. AUTHORITY TO ACQUIRE. A person may acquire a...
Section 353.302. Lack of Notice Does Not Affect Validity as to Certain Creditors - Sec. 353.302. LACK OF NOTICE DOES NOT AFFECT VALIDITY AS...
Section 353.303. Payment by Buyer - Sec. 353.303. PAYMENT BY BUYER. Unless a retail buyer has...
Subchapter E. Holder's Rights, Duties, and Limitations
Section 353.401. Seller's Promise to Pay or Tender of Cash to Buyer as Part of Transaction - Sec. 353.401. SELLER'S PROMISE TO PAY OR TENDER OF CASH...
Section 353.402. Seller's Action for Incentive Program or to Pay for Buyer's Motor Vehicle - Sec. 353.402. SELLER'S ACTION FOR INCENTIVE PROGRAM OR TO PAY...
Section 353.403. Statement of Payments and Amount Due Under Contract - Sec. 353.403. STATEMENT OF PAYMENTS AND AMOUNT DUE UNDER CONTRACT....
Section 353.404. Receipt for Cash Payment - Sec. 353.404. RECEIPT FOR CASH PAYMENT. A holder of a...
Section 353.405. Outstanding Balance Information; Payment in Full - Sec. 353.405. OUTSTANDING BALANCE INFORMATION; PAYMENT IN FULL. (a) The...
Section 353.406. Liability Relating to Outstanding Balance Information - Sec. 353.406. LIABILITY RELATING TO OUTSTANDING BALANCE INFORMATION. A holder...
Section 353.407. Prohibition on Power of Attorney to Confess Judgment or Assignment of Wages - Sec. 353.407. PROHIBITION ON POWER OF ATTORNEY TO CONFESS JUDGMENT...
Section 353.408. Prohibition on Certain Acts of Repossession - Sec. 353.408. PROHIBITION ON CERTAIN ACTS OF REPOSSESSION. A retail...
Section 353.409. Buyer's Waiver - Sec. 353.409. BUYER'S WAIVER. (a) A retail installment contract may...
Section 353.410. Transfer of Equity - Sec. 353.410. TRANSFER OF EQUITY. (a) With the written consent...
Subchapter F. Licensing; Administration of Chapter
Section 353.501. License Required - Sec. 353.501. LICENSE REQUIRED. (a) A person may not act...
Section 353.502. Application Requirements - Sec. 353.502. APPLICATION REQUIREMENTS. (a) The application for a license...
Section 353.503. Investigation of Application - Sec. 353.503. INVESTIGATION OF APPLICATION. On the filing of an...
Section 353.504. Approval or Denial of Application - Sec. 353.504. APPROVAL OR DENIAL OF APPLICATION. (a) The commissioner...
Section 353.505. Disposition of Fees on Denial of Application - Sec. 353.505. DISPOSITION OF FEES ON DENIAL OF APPLICATION. If...
Section 353.5055. License Term - Sec. 353.5055. LICENSE TERM. A license issued under this chapter...
Section 353.506. License Fee - Sec. 353.506. LICENSE FEE. Not later than the 30th day...
Section 353.5065. Grounds for Refusal of Renewal - Sec. 353.5065. GROUNDS FOR REFUSAL OF RENEWAL. The commissioner may...
Section 353.507. Expiration of License on Failure to Pay Fee - Sec. 353.507. EXPIRATION OF LICENSE ON FAILURE TO PAY FEE....
Section 353.508. License Suspension or Revocation - Sec. 353.508. LICENSE SUSPENSION OR REVOCATION. After notice and opportunity...
Section 353.509. Reinstatement of Suspended License; Issuance of New License After Revocation - Sec. 353.509. REINSTATEMENT OF SUSPENDED LICENSE; ISSUANCE OF NEW LICENSE...
Section 353.510. Surrender of License - Sec. 353.510. SURRENDER OF LICENSE. A license holder may surrender...
Section 353.511. Effect of License Suspension, Revocation, or Surrender - Sec. 353.511. EFFECT OF LICENSE SUSPENSION, REVOCATION, OR SURRENDER. (a)...
Section 353.512. Transfer or Assignment of License - Sec. 353.512. TRANSFER OR ASSIGNMENT OF LICENSE. A license may...
Section 353.513. Adoption of Rules - Sec. 353.513. ADOPTION OF RULES. (a) The finance commission may...
Section 353.514. General Investigation - Sec. 353.514. GENERAL INVESTIGATION. To discover a violation of this...
Section 353.515. Sharing of Information - Sec. 353.515. SHARING OF INFORMATION. To ensure consistent enforcement of...