Texas § FI.353.007 - ADDITIONAL CHARGES PERMITTED

Full text of Texas The Texas Constitution § FI.353.007 — ADDITIONAL CHARGES PERMITTED, with citation guidance and answers to common questions.

§ FI.353.007. ADDITIONAL CHARGES PERMITTED

ADDITIONAL CHARGES PERMITTED. (a) In addition to the amounts allowed under Sections 353.005 and 353.006 , the following amounts may be included as an itemized charge or in the cash price in a retail installment contract for a commercial vehicle: (1) any fees prescribed by law; (2) any amounts charged by a titling or registration service relating to the sale; (3) any other amount agreed to by the retail buyer and retail seller, including amounts payable to the retail seller or another person for the provision of goods or services relating to: (A) the commercial vehicle; (B) the sale or use of the commercial vehicle; or (C) the retail buyer's business in which the commercial vehicle will be used; and (4) an amount paid to the retail seller or other person as consideration for a debt cancellation agreement. (b) If a charge for a debt cancellation agreement is included in the contract, the contract and debt cancellation agreement must each conspicuously disclose that the debt cancellation agreement is optional. (c) Notwithstanding any other law, a charge for a debt cancellation agreement is not a charge for insurance, and the sale, provision, or waiving of a balance owed or other action relating to a debt cancellation agreement is not considered insurance or engaging in the business of insurance. Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559 ), Sec. 17, eff. September 1, 2011.

Frequently Asked Questions About Texas § FI.353.007

What does The Texas Constitution § FI.353.007 cover?

Section FI.353.007 ("ADDITIONAL CHARGES PERMITTED") 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.353.007?

A common citation format is "The Texas Constitution § FI.353.007" (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.353.007 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.