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Terms Used In Texas Finance Code 345.054

  • Contract: A legal written agreement that becomes binding when signed.

A retail installment contract may provide for:
(1) any amount of time price differential permitted under § 345.055, 345.056, 345.057, or 345.058; or
(2) any rate of time price differential not exceeding a yield permitted under § 345.055, 345.056, 345.057, or 345.058.