Finance Code § 303.203
A lender may offer and finance an automobile club membership tied to a loan, but may not make the membership a condition of loan approval. The borrower must give written acknowledgment if intending to buy the membership, and the charge must be reasonable.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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automobile club membership loan terms
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Finance Code § 303.203
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