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Tex. Finance Code § 348.119

REFUND CREDIT ON PREPAYMENT

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 348.119, REFUND CREDIT ON PREPAYMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647583
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If a retail buyer prepays a retail installment contract in full or if the holder of the contract demands payment of the unpaid balance of the contract in full before the contract's final installment is due, the buyer is entitled to receive a refund credit as provided by Section 348.120 or 348.121, as applicable.