Texas § OC.702.303 - CONTRACT TERM
Full text of Texas The Texas Constitution § OC.702.303 — CONTRACT TERM, with citation guidance and answers to common questions.
§ OC.702.303. CONTRACT TERM
CONTRACT TERM. (a) Except as provided by Subsection (b), the term of a contract may not exceed three years. (b) A contract that is financed through a retail installment contract or note may not require the purchaser to make payments or finance the contract for more than five years after the contract date. (c) If, after a health spa opens, the health spa is rendered unusable for 30 consecutive days or longer because of an event beyond the control of the owner or operator of the health spa, including a natural disaster, the health spa shall extend the term of each affected member's contract for a period equal to the time that the health spa is rendered unusable. (d) If the term of a contract overlaps the term of another contract between the same seller and purchaser, the contracts are considered to be one contract. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § OC.702.303
What does The Texas Constitution § OC.702.303 cover?
Section OC.702.303 ("CONTRACT TERM") 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 § OC.702.303?
A common citation format is "The Texas Constitution § OC.702.303" (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 § OC.702.303 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.