Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 5. REGULATION OF BUSINESSES AND SERVICES |
Subtitle B. RENTAL PRACTICES |
Chapter 92. RENTAL-PURCHASE AGREEMENTS |
Subchapter C. REPOSSESSION AND REINSTATEMENT |
Sec. 92.104. MERCHANT'S DUTIES ON REINSTATEMENT
Latest version.
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(a) On reinstatement, the merchant shall provide the consumer with:
(1) the same merchandise; or
(2) substitute merchandise of comparable quality and condition.
(b) A merchant who provides the consumer with substitute merchandise shall also provide the consumer with the disclosures required by Section 92.052(a).
Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 2.01, eff. April 1, 2009.