Tex. Bus. & Com. Code § 92.052 · Subchapter B. FORM AND CONTENT OF AGREEMENTS
REQUIRED DISCLOSURES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A rental-purchase agreement must disclose:
(1) whether the merchandise is new or used;
(2) the price for which the merchant would have sold the merchandise to the consumer for cash on the date of the agreement;
(3) the amount and timing of payments;
(4) the total number of payments necessary and the total amount to be paid to acquire ownership of the merchandise;
(5) that the consumer does not acquire ownership rights unless the consumer complies with the ownership terms of the agreement;
(6) the amount and purpose of any payment, charge, or fee in addition to the regular periodic payments; and
(7) whether the consumer is liable for loss or damage to the merchandise and, if so, the maximum amount for which the consumer may be liable.
(b) Notice of the right to reinstate the agreement must be disclosed in the agreement.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.92.htm
- Text hash
- sha256 a4b105300e1da2f081eb5bcdce769e2129c5f6a12210c7c68a932696a20cedae
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 2 provisions
Provisions in this library whose text cites Tex. Bus. & Com. Code § 92.052. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.