Tex. Fin. Code § 353.410

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 353.410 - Transfer of Equity
(a) With the written consent of the holder, a retail buyer may transfer at any time the buyer's equity in the commercial vehicle subject to the retail installment contract to another person.
(b) The holder may charge for the transfer of equity an amount that does not exceed:
(1) $25 for a commercial vehicle that is not a heavy commercial vehicle; or
(2) $50 for a heavy commercial vehicle.

Tex. Fin. Code § 353.410

Added by Acts 2011, 82nd Leg., R.S., Ch. 117, Sec. 17, eff. 9/1/2011.