Sec. 92.051. FORM OF AGREEMENT. (a) A rental-purchase agreement must be written in:
(1) plain English; and
(2) any other language used by the merchant in an advertisement related to the agreement.
(b) A numerical amount included in a rental-purchase agreement must be stated in figures.
(c) A disclosure required by this chapter must be printed or typed in each rental-purchase agreement in a size equal to at least 10-point boldfaced type.
(d) The attorney general shall provide a form agreement that may be used to satisfy the requirements of a rental-purchase agreement under this chapter.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Structure Texas Statutes
Title 5 - Regulation of Businesses and Services
Chapter 92 - Rental-Purchase Agreements
Subchapter B. Form and Content of Agreements
Section 92.051. Form of Agreement
Section 92.052. Required Disclosures
Section 92.053. Other Required Provisions
Section 92.054. Prohibited Provisions
Section 92.055. Restrictions on Late Charges and Reinstatement Fees