Texas § TN.501.112 - SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES

Full text of Texas The Texas Constitution § TN.501.112 — SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES, with citation guidance and answers to common questions.

§ TN.501.112. SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES

SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES. Notwithstanding any other law, an agreement for the lease of a motor vehicle does not create a sale or security interest by merely providing that the rental price is permitted or required to be adjusted under the agreement as determined by the amount realized on the sale or other disposition of the vehicle. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § TN.501.112

What does The Texas Constitution § TN.501.112 cover?

Section TN.501.112 ("SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES") 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 § TN.501.112?

A common citation format is "The Texas Constitution § TN.501.112" (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 § TN.501.112 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.