Tex. Bus. & Com. Code Section 92.054
Prohibited Provisions

(a)

A rental-purchase agreement may not:

(1)

require a consumer to:

(A)

pay a late charge or reinstatement fee except as provided by Section 92.055 (Restrictions on Late Charges and Reinstatement Fees)(b);

(B)

make a payment at the end of the scheduled rental-purchase term in excess of or in addition to a regular periodic payment to acquire ownership of the merchandise; or

(C)

purchase insurance or a loss damage waiver from the merchant to cover the merchandise;

(2)

require a confession of judgment;

(3)

authorize a merchant or an agent of the merchant to commit a breach of the peace in repossessing merchandise; or

(4)

waive a defense, counterclaim, or right the consumer may have against the merchant or an agent of the merchant.

(b)

A consumer may not in any event be required to pay a sum greater than the total amount to be paid to acquire ownership of the merchandise as disclosed under Section 92.052 (Required Disclosures)(a)(4).
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Section 92.054 — Prohibited Provisions, https://statutes.­capitol.­texas.­gov/Docs/BC/htm/BC.­92.­htm#92.­054 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 92.054’s source at texas​.gov