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Texas Business & Commerce Code

§ 92.051 — FORM OF AGREEMENT

BC § 92.051Title 5. REGULATION OF BUSINESSES AND SERVICES · Part B. RENTAL PRACTICES · Ch. 92. RENTAL-PURCHASE AGREEMENTS · Art. B. FORM AND CONTENT OF AGREEMENTS

Statute text

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(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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Texas Business & Commerce Code § 92.051 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.