Texas § 353.103 TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT.

Texas Statutes

§ 353.103 — TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT.

Texas § 353.103

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 353.103 (2026).

Text

Sec. 353.103. TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT.

(a)A retail installment contract may provide for:

(1)any amount of time price differential permitted under Section 353.104 , 353.105 , or 353.106 ; or

(2)any rate of time price differential not exceeding a yield permitted under Section 353.104 , 353.105 , or 353.106 .

(b)The time price differential may be computed using the:

(1)precomputed earnings method;

(2)scheduled installment earnings method; or

(3)true daily earnings method.

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Sec. 353.103. TIME PRICE DIFFERENTIAL FOR RETAIL INSTALLMENT CONTRACT. (a) A retail installment contract may provide for:
(1) any amount of time price differential permitted under Section 353.104 , 353.105 , or 353.106 ; or
(2) any rate of time price differential not exceeding a yield permitted under Section 353.104 , 353.105 , or 353.106 .
(b) The time price differential may be computed using the:
(1) precomputed earnings method;
(2) scheduled installment earnings method; or
(3) true daily earnings method.