Tex. Finance Code § 348.111

This is the official text of Tex. Finance Code § 348.111, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 348.111. BUYER'S RIGHT TO RESCIND CONTRACT.

Official statutory text

Until the retail seller complies with Section 348.110, a retail buyer who has not received delivery of the motor vehicle is entitled to:

(1) rescind the contract;

(2) receive a refund of all payments made under or in contemplation of the contract; and

(3) receive the return of all goods traded in to the retail seller under or in contemplation of the contract or, if those goods cannot be returned, to receive the value of those goods.

Status: in_force · Read it on the official government site

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