Texas Business & Commerce Code

§ 94.005 — REQUIRED DISCLOSURES

BC § 94.005Title 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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A lease agreement that includes an excess wear and use waiver must disclose:

(1)the total charge for the excess wear and use waiver; and

(2)any exclusions or limitations on the amount of excess wear and use that may be waived under the excess wear and use waiver.

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.