Sec. 94.005. REQUIRED DISCLOSURES. A lease agreement that includes an excess wear and use waiver must disclose:
(1) the total charge for the excess wear and use waiver; and
(2) any exclusions or limitations on the amount of excess wear and use that may be waived under the excess wear and use waiver.
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