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131 chapters · 1,843 sections in this title.
Tex. Business and Commerce Code § 94.004 Required Notice
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Sec. 94.004. REQUIRED NOTICE. An excess wear and use waiver must be in writing and include a notice substantially similar to the following: "This excess wear and use waiver is optional, is not a condition of leasing the vehicle, and is being provided for an additional charge to c…
Tex. Business and Commerce Code § 94.005 Required Disclosures
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Sec. 94.005. REQUIRED DISCLOSURES. A lease agreement that includes an excess wear and use waiver must disclose: (1) the total charge for the excess wear and use waiver; and (2) any exclusions or limitations on the amount of excess wear and use that may be waived under the excess …
Tex. Business and Commerce Code § 94.006 Relationship To Insurance
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Sec. 94.006. RELATIONSHIP TO INSURANCE. An excess wear and use waiver is not insurance. Added by Acts 2019, 86th Leg., R.S., Ch. 649 (S.B. 1778), Sec. 1, eff. September 1, 2019. Added by Acts 2019, 86th Leg., R.S., Ch. 1144 (H.B. 2847), Sec. 1.001, eff. September 1, 2019.
Tex. Business and Commerce Code § 94.007 Civil Penalty
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Sec. 94.007. CIVIL PENALTY. A lessor that violates this chapter is liable for a civil penalty in an amount of not less than $500 or more than $1,000 for each violation. Added by Acts 2019, 86th Leg., R.S., Ch. 649 (S.B. 1778), Sec. 1, eff. September 1, 2019. Added by Acts 2019, 8…