Texas § FI.345.112 - AGREEMENT BALANCE STATEMENT
Full text of Texas The Texas Constitution § FI.345.112 — AGREEMENT BALANCE STATEMENT, with citation guidance and answers to common questions.
§ FI.345.112. AGREEMENT BALANCE STATEMENT
AGREEMENT BALANCE STATEMENT. (a) At the end of each statement period of a retail charge agreement in which an unpaid balance exists, the retail seller shall provide to the retail buyer a statement of the unpaid balance. (b) The statement must set out that the retail buyer at any time may pay all or any part of the unpaid balance. (c) In this section, "statement period" means a monthly period, which is not required to be a calendar month. The term may include a regular period, other than a monthly period, to which the retail charge agreement parties agree in writing. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § FI.345.112
What does The Texas Constitution § FI.345.112 cover?
Section FI.345.112 ("AGREEMENT BALANCE STATEMENT") 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.345.112?
A common citation format is "The Texas Constitution § FI.345.112" (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.345.112 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.