Tex. Business & Commerce Code § 92.002
This is the official text of Tex. Business & Commerce Code § 92.002, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.
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§ 92.002. ADVERTISEMENT REQUIREMENTS.
Official statutory text
An advertisement for a rental-purchase agreement that refers to or states the amount of a payment or the right to acquire ownership of any one particular item under the agreement must clearly and conspicuously state:
(1) that the transaction advertised is a rental-purchase agreement;
(2) the total amount and number of payments necessary to acquire ownership; and
(3) that the consumer does not acquire ownership rights unless the merchandise is rented for a specified number of payment periods.
(1) that the transaction advertised is a rental-purchase agreement;
(2) the total amount and number of payments necessary to acquire ownership; and
(3) that the consumer does not acquire ownership rights unless the merchandise is rented for a specified number of payment periods.
Status: in_force · Read it on the official government site
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