Tex. Bus. & Com. Code § 92.054 · Subchapter B. FORM AND CONTENT OF AGREEMENTS
PROHIBITED PROVISIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A rental-purchase agreement may not:
(1) require a consumer to:
(A) pay a late charge or reinstatement fee except as provided by Section 92.055(b);
(B) make a payment at the end of the scheduled rental-purchase term in excess of or in addition to a regular periodic payment to acquire ownership of the merchandise; or
(C) purchase insurance or a loss damage waiver from the merchant to cover the merchandise;
(2) require a confession of judgment;
(3) authorize a merchant or an agent of the merchant to commit a breach of the peace in repossessing merchandise; or
(4) waive a defense, counterclaim, or right the consumer may have against the merchant or an agent of the merchant.
(b) A consumer may not in any event be required to pay a sum greater than the total amount to be paid to acquire ownership of the merchandise as disclosed under Section 92.052(a)(4).
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 854f4ab88c1e975bafec8b163290cca70d6b98ffbcf3b71e849ae7e73a6c40d7
- 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
This section cites
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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.