Tex. Fin. Code § 348.121 · Subchapter B. RETAIL INSTALLMENT CONTRACT
AMOUNT OF REFUND CREDIT FOR OTHER CONTRACTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The minimum amount of the refund credit on a retail installment contract to which Section 348.120 does not apply shall be computed in a manner proportionate to the method set out by that section for the type of motor vehicle being sold, having due regard for:
(1) the amount of each installment;
(2) the irregularity of the installment periods; and
(3) the requirements of Sections 348.104(f) and 348.106.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.348.htm
- Text hash
- sha256 d74efd5c56314321cb3c948c9d536349b9fa00ebf7b270d8cabf3fa089be11cb
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Finance Code
- Tex. Fin. Code § 348.104TIME PRICE DIFFERENTIAL FOR CONTRACT WITH EQUAL MONTHLY SUCCESSIVE PAYMENTS.Printed as Sections 348.104(f) and 348.106
- Tex. Fin. Code § 348.106TIME PRICE DIFFERENTIAL FOR OTHER CONTRACTS.Printed as Sections 348.104(f) and 348.106
- Tex. Fin. Code § 348.120AMOUNT OF REFUND CREDIT FOR MONTHLY INSTALLMENT CONTRACT.Printed as Section 348.120
Cited by 2 provisions
Provisions in this library whose text cites Tex. Fin. Code § 348.121. 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.