Texas Finance Code

§ 353.006 — ITEMIZED CHARGE

FI § 353.006Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 353. COMMERCIAL MOTOR VEHICLE INSTALLMENT SALES · Art. A. GENERAL PROVISIONS

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An amount in a retail installment contract is an itemized charge if the amount is not included in the cash price and is the amount of:

(1)fees for registration, certificate of title, and license and any additional registration fees charged by a deputy as authorized by rules adopted under Section 520.0071, Transportation Code;

(2)any taxes;

(3)fees or charges prescribed by law and connected with the sale or inspection of the commercial vehicle;

(4)charges authorized for insurance, service contracts, and warranties by Subchapter C; and

(5)advances or payments authorized under Section 353.402(b) or (c) made by the retail seller to or for the benefit of the retail buyer. Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011. Amended by:

Legislative history

Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 2, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 1287 (H.B. 2202), Sec. 3, eff. September 1, 2013.