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Texas Business & Commerce Code

§ 92.103 — EFFECT ON REINSTATEMENT PERIOD OF MERCHANDISE RETURN

BC § 92.103Title 5. REGULATION OF BUSINESSES AND SERVICES · Part B. RENTAL PRACTICES · Ch. 92. RENTAL-PURCHASE AGREEMENTS · Art. C. REPOSSESSION AND REINSTATEMENT

Statute text

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If merchandise is returned during the applicable reinstatement period, other than through judicial process, the right to reinstate the rental-purchase agreement is extended for a period of not less than 30 days after the date of return.

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 § 92.103 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.