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Texas Business & Commerce Code

§ 92.104 — MERCHANT'S DUTIES ON REINSTATEMENT

BC § 92.104Title 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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(a)On reinstatement, the merchant shall provide the consumer with:
(1)the same merchandise; or
(2)substitute merchandise of comparable quality and condition.
(b)A merchant who provides the consumer with substitute merchandise shall also provide the consumer with the disclosures required by Section 92.052(a).

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 § 92.104 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.