Tex. Finance Code § 342.009
This is the official text of Tex. Finance Code § 342.009, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 342.009. RETURN OF PROPERTY IN SALE-LEASEBACK TRANSACTION.
Official statutory text
The seller in a sale-leaseback agreement may terminate the agreement at any time by returning the property to the buyer in substantially the same condition as when the agreement was entered, less reasonable wear. On return of the property the seller is liable only for rental and other allowed charges under the agreement accruing before the date of the return.
Status: in_force · Read it on the official government site
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