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 B. RETAIL INSTALLMENT CONTRACT |
Sec. 348.103. TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT
Latest version.
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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.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.