Sec. 94.004. REQUIRED NOTICE. An excess wear and use waiver must be in writing and include a notice substantially similar to the following:
"This excess wear and use waiver is optional, is not a condition of leasing the vehicle, and is being provided for an additional charge to cover your responsibility for any excess wear and use to the leased vehicle."
Added by Acts 2019, 86th Leg., R.S., Ch. 649 (S.B. 1778), Sec. 1, eff. September 1, 2019.
Added by Acts 2019, 86th Leg., R.S., Ch. 1144 (H.B. 2847), Sec. 1.001, eff. September 1, 2019.
Structure Texas Statutes
Title 5 - Regulation of Businesses and Services
Chapter 94 - Excess Wear and Use Waivers for Leases of Motor Vehicles
Section 94.002. Contract for Excess Wear and Use Waiver
Section 94.003. Restrictions on Lessor Concerning Excess Wear and Use Waiver
Section 94.004. Required Notice
Section 94.005. Required Disclosures
Section 94.006. Relationship to Insurance