Texas Finance Code

§ 345.052 — CONTENTS OF CONTRACT

FI § 345.052Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 345. RETAIL INSTALLMENT SALES · Art. B. RETAIL INSTALLMENT CONTRACT

Statute text

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(a)A retail installment contract must contain:

(1)the name of the retail seller and the name of the retail buyer;

(2)the place of business of the retail seller;

(3)the residence or other address of the retail buyer as specified by the retail buyer;

(4)the cash price;

(5)the amount of the retail buyer's down payment, specifying the amount paid in money and the amount allowed for goods traded in; and

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Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.