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Texas Business & Commerce Code

§ 94.004 — REQUIRED NOTICE

BC § 94.004Title 5. REGULATION OF BUSINESSES AND SERVICES · Part B. RENTAL PRACTICES · Ch. 94. EXCESS WEAR AND USE WAIVERS FOR LEASES OF MOTOR VEHICLES

Statute text

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An excess wear and use waiver must be in writing and include a notice substantially similar to the following: "This excess wear and use waiver is optional, is not a condition of leasing the vehicle, and is being provided for an additional charge to cover your responsibility for any excess wear and use to the leased vehicle."

Legislative history

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.

Source: Texas Business & Commerce Code § 94.004 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.