Texas § FI.348.121 - AMOUNT OF REFUND CREDIT FOR OTHER CONTRACTS
Full text of Texas The Texas Constitution § FI.348.121 — AMOUNT OF REFUND CREDIT FOR OTHER CONTRACTS, with citation guidance and answers to common questions.
§ FI.348.121. AMOUNT OF REFUND CREDIT FOR OTHER CONTRACTS
AMOUNT OF REFUND CREDIT FOR OTHER CONTRACTS. The minimum amount of the refund credit on a retail installment contract to which Section 348.120 does not apply shall be computed in a manner proportionate to the method set out by that section for the type of motor vehicle being sold, having due regard for: (1) the amount of each installment; (2) the irregularity of the installment periods; and (3) the requirements of Sections 348.104 (f) and 348.106 . Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.348.121
What does The Texas Constitution § FI.348.121 cover?
Section FI.348.121 ("AMOUNT OF REFUND CREDIT FOR OTHER CONTRACTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.348.121?
A common citation format is "The Texas Constitution § FI.348.121" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.348.121 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.