Texas Finance Code § 348.121 Amount Of Refund Credit For Other Contracts

Sec. 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.

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

Section: Previous  348.114  348.115  348.116  348.117  348.118  348.119  348.120  348.121  348.122  348.123  348.124  348.201  348.202  348.203  348.204  Next

Last modified: September 28, 2016