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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) In this section, “vehicle protection product” has the meaning assigned by Section 17.45, Business & Commerce Code.
(b) A retail seller may not require as a condition of a retail installment transaction or the cash sale of a motor vehicle that the buyer purchase a vehicle protection product that is not installed on the vehicle at the time of the transaction.
(c) A violation of this section is a false, misleading, or deceptive act or practice within the meaning of Section 17.46, Business & Commerce Code, and is actionable in a public or private suit brought under Subchapter E, Chapter 17, Business & Commerce Code.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 348.014. Transaction Conditioned on Purchase of Vehicle Protection Product Prohibited - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-348-014/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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