Finance Code › Title 4 › Chapter 348 › Subchapter A

Texas Finance Code § 348.014

Transaction Conditioned on Purchase of Vehicle Protection Product Prohibited

Motor Vehicle Installment Sales · General Provisions

(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.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2017, 85th Leg., R.S., Ch. 967 (S.B. 2065), Sec. 1.003, eff. September 1, 2017.

Other codes referenced

Bus. & Com. § 17.45Bus. & Com. § 17.46Bus. & Com. § 17.41