Sec. 92.152. CHARGE FOR WAIVER. A merchant may charge a periodic fee for a loss damage waiver in an amount not to exceed 10 percent of the periodic rental payment.
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 D. Loss Damage Waivers
Section 92.151. Contract for Waiver
Section 92.152. Charge for Waiver
Section 92.153. Restrictions on Merchant Concerning Waiver
Section 92.154. Required Notice in Waiver
Section 92.155. Statement of Total Charge