Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS |
Subtitle B. LOANS AND FINANCED TRANSACTIONS |
Chapter 348. MOTOR VEHICLE INSTALLMENT SALES |
Subchapter A. GENERAL PROVISIONS |
Sec. 348.005. ITEMIZED CHARGE
Latest version.
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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 full service deputy under Section 502.114, Transportation Code;
(2) any taxes;
(3) fees or charges prescribed by law and connected with the sale or inspection of the motor vehicle; and
(4) charges authorized for insurance, service contracts, warranties, or a debt cancellation agreement by Subchapter C.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2009, 81st Leg., R.S., Ch. 149 , Sec. 2, eff. September 1, 2009.