Texas Statutes
§ 345.059 — PRINCIPAL BALANCE COMPUTATION.
Texas § 345.059
JurisdictionTexas
Code FIFinance Code
This text of Texas § 345.059 (PRINCIPAL BALANCE COMPUTATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 345.059 (2026).
Text
Sec. 345.059. PRINCIPAL BALANCE COMPUTATION. The principal balance of a retail installment contract is computed by:
(1)adding the cash price subject to the contract and the total of the contract's itemized charges, including a documentary fee authorized under Section 345.251 ; and
(2)subtracting the amount of the retail buyer's down payment in money and goods from the amount computed under Subdivision (1).
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 345.001
DEFINITIONS.§ 345.002
GOODS.§ 345.003
SERVICES.§ 345.004
CASH PRICE.§ 345.005
ITEMIZED CHARGE.§ 345.007
APPLICABILITY OF CHAPTER.§ 345.052
CONTENTS OF CONTRACT.§ 345.056
USE OF OPTIONAL CEILING.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 345.059, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/345.059.