Texas Business & Commerce Code

§ 92.153 — RESTRICTIONS ON MERCHANT CONCERNING WAIVER

BC § 92.153Title 5. REGULATION OF BUSINESSES AND SERVICES · Part B. RENTAL PRACTICES · Ch. 92. RENTAL-PURCHASE AGREEMENTS · Art. D. LOSS DAMAGE WAIVERS

Statute text

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A merchant may not:

(1)sell a loss damage waiver unless:

(A)the contract containing the waiver complies with this chapter; and

(B)the consumer agrees to the waiver in writing; or

(2)impose or require the purchase of a loss damage waiver as a mandatory charge. Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009. Amended by:

Legislative history

Acts 2013, 83rd Leg., R.S., Ch. 516 (S.B. 289), Sec. 1, eff. September 1, 2013.