Texas Code § 353.410

TRANSFER OF EQUITY
Open in Lexace · Ask the AI about this section
Sec. 353.410. TRANSFER OF EQUITY. (a) With the written consent of the holder, a retail buyer may transfer at any time the buyer's equity in the commercial vehicle subject to the retail installment contract to another person.
(b) The holder may charge for the transfer of equity an amount that does not exceed:
(1) $25 for a commercial vehicle that is not a heavy commercial vehicle; or
(2) $50 for a heavy commercial vehicle.

‹ Prev All Texas sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.