Texas Statutes
§ 501.112 — SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES.
Texas § 501.112
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 501.112 (SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES.) 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. Transportation Code Code Ann. § 501.112 (2026).
Text
Sec. 501.112. SALE OR SECURITY INTEREST NOT CREATED BY CERTAIN VEHICLE LEASES. Notwithstanding any other law, an agreement for the lease of a motor vehicle does not create a sale or security interest by merely providing that the rental price is permitted or required to be adjusted under the agreement as determined by the amount realized on the sale or other disposition of the vehicle.
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Related
Genco Constellation Ltd. v. BG Shipping Co. Ltd.
(S.D. Texas, 2023)
Legislative History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Nearby Sections
15
§ 501.001
SHORT TITLE.§ 501.002
DEFINITIONS.§ 501.003
PURPOSE.§ 501.004
APPLICABILITY.§ 501.0041
RULES; FORMS.§ 501.006
ALIAS TITLE.§ 501.008
TITLE FOR AUTOCYCLE.§ 501.009
TITLE FOR MINIATURE VEHICLE.§ 501.021
TITLE FOR MOTOR VEHICLE.§ 501.022
MOTOR VEHICLE TITLE REQUIRED.§ 501.023
APPLICATION FOR TITLE.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 501.112, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/501.112.