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2024 Texas Statutes
Finance Code
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 348 - Motor Vehicle Installment Sales
Subchapter E. Holder's Rights, Duties, and Limitations
Section 348.411. Prohibition on Certain Acts of Repossession
Universal Citation:
TX Fin Code § 348.411 (2024)
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Sec. 348.411. PROHIBITION ON CERTAIN ACTS OF REPOSSESSION. A retail installment contract may not:
(1) authorize the holder or a person acting on the holder's behalf to:
(A) enter the retail buyer's premises in violation of Chapter 9, Business & Commerce Code; or
(B) commit a breach of the peace in the repossession of the motor vehicle; or
(2) contain, or provide for the execution of, a power of attorney by the retail buyer appointing, as the buyer's agent in the repossession of the vehicle, the holder or a person acting on the holder's behalf.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
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