Texas § 348.108 CHARGES FOR COLLECTING DEBT.

Texas Statutes

§ 348.108 — CHARGES FOR COLLECTING DEBT.

Texas § 348.108

Code FIFinance Code

This text of Texas § 348.108 (CHARGES FOR COLLECTING DEBT.) 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. § 348.108 (2026).

Text

Sec. 348.108. CHARGES FOR COLLECTING DEBT. A retail installment contract may provide for the payment of:

(1)reasonable attorney's fees if the contract is referred for collection to an attorney who is not a salaried employee of the holder;

(2)court costs and disbursements; and

(3)reasonable out-of-pocket expenses incurred in connection with the repossession or sequestration of the motor vehicle securing the payment of the contract or foreclosure of a security interest in the vehicle, including the costs of storing, reconditioning, and reselling the vehicle, subject to the standards of good faith and commercial reasonableness set by Title 1, Business & Commerce Code.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 348.108. CHARGES FOR COLLECTING DEBT. A retail installment contract may provide for the payment of:
(1) reasonable attorney's fees if the contract is referred for collection to an attorney who is not a salaried employee of the holder;
(2) court costs and disbursements; and
(3) reasonable out-of-pocket expenses incurred in connection with the repossession or sequestration of the motor vehicle securing the payment of the contract or foreclosure of a security interest in the vehicle, including the costs of storing, reconditioning, and reselling the vehicle, subject to the standards of good faith and commercial reasonableness set by Title 1, Business & Commerce Code.