Finance Code § 345.057
A retail installment contract with uneven monthly payments, or where the first payment is due later than one month after the contract date, may include a time price differential, but only up to the level that produces the same effective return as equal monthly payments starting one month after the contract date.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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Finance Code § 345.057
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