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. 348.122. REINSTATEMENT OF CONTRACT AFTER DEMAND FOR PAYMENT
Latest version.
-
After a demand for payment in full under a retail installment contract, the retail buyer and holder of the contract may:
(1) agree to reinstate the contract; and
(2) amend the contract as provided by Section 348.113.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.