Tex. Fin. Code § 348.121

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 348.121 - Amount of Refund Credit for Other Contracts

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.

Tex. Fin. Code § 348.121

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.