Sec. 348.005. ITEMIZED CHARGE. An amount in a retail installment contract is an itemized charge if the amount is not included in the cash price and is the amount of:
(1) fees for registration, certificate of title, and license and any additional registration fees charged by a deputy as authorized by rules adopted under Section 520.0071, Transportation Code;
(2) any taxes;
(3) fees or charges prescribed by law and connected with the sale or inspection of the motor vehicle; and
(4) charges authorized for insurance, service contracts, warranties, automobile club memberships, trade-in credit agreements, or a debt cancellation agreement by Subchapter C.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 149 (S.B. 1966), Sec. 2, eff. September 1, 2009.
Acts 2013, 83rd Leg., R.S., Ch. 355 (H.B. 2462), Sec. 1, eff. September 1, 2013.
Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 1, eff. September 1, 2013.
Acts 2013, 83rd Leg., R.S., Ch. 1287 (H.B. 2202), Sec. 2, eff. September 1, 2013.
Reenacted and amended by Acts 2015, 84th Leg., R.S., Ch. 1236 (S.B. 1296), Sec. 8.001, eff. September 1, 2015.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 477 (H.B. 2339), Sec. 2, eff. September 1, 2017.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 348 - Motor Vehicle Installment Sales
Subchapter A. General Provisions
Section 348.0015. Presumption Regarding Noncommercial Vehicles; Exception
Section 348.002. Bailment or Lease as Retail Installment Transaction
Section 348.003. Classification as Retail Installment Transaction Unaffected
Section 348.005. Itemized Charge
Section 348.006. Principal Balance; Inclusion of Documentary Fee
Section 348.007. Applicability of Chapter
Section 348.008. Applicability of Other Statutes to Retail Installment Transaction
Section 348.009. Federal Disclosure Requirements Applicable
Section 348.0091. Disclosure of Equity in Trade-in Motor Vehicle
Section 348.010. Additional Information Allowed in Contract
Section 348.011. Order of Items in Contract
Section 348.012. Applicability of Insurance Premium Financing Provisions
Section 348.013. Conditional Delivery Agreement
Section 348.014. Transaction Conditioned on Purchase of Vehicle Protection Product Prohibited