Tex. Finance Code § 347.307
CHARGES ON REPOSSESSION
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 347.307, CHARGES ON REPOSSESSION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647516
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Full text
A credit document may provide for payment of:
(1) reasonable attorney's fees;
(2) court costs and disbursements; and
(3) the charge and collection of actual and reasonable out-of-pocket expenses incurred in connection with repossession of the manufactured home that secures the payment of the credit transaction or foreclosure of a lien on the manufactured home, including costs of storing, reconditioning, and reselling the manufactured home, subject to the standards of good faith and commercial reasonableness set by the Business & Commerce Code.