Tex. Fin. Code § 353.408 · Subchapter E. HOLDER'S RIGHTS, DUTIES, AND LIMITATIONS
PROHIBITION ON CERTAIN ACTS OF REPOSSESSION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A retail installment contract may not:
(1) authorize the holder or a person acting on the holder's behalf to:
(A) enter the retail buyer's premises in violation of Chapter 9, Business & Commerce Code; or
(B) commit a breach of the peace in the repossession of the commercial vehicle; or
(2) contain, or provide for the execution of, a power of attorney by the retail buyer appointing, as the buyer's agent in the repossession of the vehicle, the holder or a person acting on the holder's behalf.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.353.htm
- Text hash
- sha256 8201cc7d28e26290135688648860f177ffa77820bcfcd9e4100db9a22c5c39b5
- 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
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Business & Commerce Code
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.