Texas Finance Code

§ 348.103 — TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT

FI § 348.103Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 348. MOTOR VEHICLE INSTALLMENT SALES · Art. B. RETAIL INSTALLMENT CONTRACT

Statute text

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A retail installment contract may provide for:

(1)any amount of time price differential permitted under Section 348.104, 348.105, or 348.106; or

(2)any rate of time price differential not exceeding a yield permitted under Section 348.104, 348.105, or 348.106.

Legislative history

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