Sec. 345.004. CASH PRICE. (a) The cash price in a retail installment transaction is the price at which the retail seller would have sold to the retail buyer, and the buyer would have bought from the seller, the goods or services that are subject to the transaction if the sale had been a sale for cash.
(b) The cash price may include:
(1) the amount of taxes;
(2) the amount of charges for delivery, installation, servicing, repair, alteration, or improvement; and
(3) an amount described by Section 345.005(1), (3), (4), or (6) that is not separately itemized in the retail installment contract or retail charge agreement.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 345 - Retail Installment Sales
Subchapter A. General Provisions
Section 345.005. Itemized Charge
Section 345.006. Time Price Differential Not Interest
Section 345.007. Applicability of Chapter
Section 345.008. Applicability of Other Statutes to Retail Installment Transaction
Section 345.009. Disclosure Requirements if Conflict With Federal Law