Finance Code § 348.002
A motor-vehicle bailment or lease counts as a retail installment transaction if the lessee or bailee pays an amount about equal to or greater than the vehicle’s value and, after full compliance, will own the vehicle or can buy it for no or nominal extra consideration.
- Jurisdiction
- United States — Texas
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- Code
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- Language
- en
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motor vehicles retail installment transactions
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Finance Code § 348.002
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