Sec. 353.006. 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 commercial vehicle;
(4) charges authorized for insurance, service contracts, and warranties by Subchapter C; and
(5) advances or payments authorized under Section 353.402(b) or (c) made by the retail seller to or for the benefit of the retail buyer.
Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 2, eff. September 1, 2013.
Acts 2013, 83rd Leg., R.S., Ch. 1287 (H.B. 2202), Sec. 3, eff. September 1, 2013.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 353 - Commercial Motor Vehicle Installment Sales
Subchapter A. General Provisions
Section 353.002. Presumption Regarding Noncommercial Vehicles; Exception
Section 353.003. Bailment or Lease as Retail Installment Transaction
Section 353.004. Classification as Retail Installment Transaction Unaffected
Section 353.006. Itemized Charge
Section 353.007. Additional Charges Permitted
Section 353.008. Principal Balance; Inclusion of Documentary Fee
Section 353.009. Applicability of Chapter
Section 353.010. Applicability of Other Statutes to Retail Installment Transaction
Section 353.011. Federal Disclosure Requirements
Section 353.012. Additional Information Allowed in Contract
Section 353.013. Order of Items in Contract
Section 353.014. Applicability of Insurance Premium Financing Provisions
Section 353.015. Conditional Delivery Agreement
Section 353.016. Computation of Time Price Differential Using True Daily Earnings Method
Section 353.017. Transaction Conditioned on Purchase of Vehicle Protection Product Prohibited