A retail buyer may prepay a retail installment contract in full at any time before maturity. This section prevails over a conflicting provision of the contract.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 4 › Chapter 353 › Subchapter B
Texas Finance Code § 353.118
Prepayment of Contract
Commercial Motor Vehicle Installment Sales · Retail Installment Contract
Legislative history
Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.