After a demand for payment in full under a retail installment contract, the retail buyer and holder of the contract may:
(1) agree to reinstate the contract; and
(2) amend the contract as provided by Section 348.113.
REINSTATEMENT OF CONTRACT AFTER DEMAND FOR PAYMENT
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
After a demand for payment in full under a retail installment contract, the retail buyer and holder of the contract may:
(1) agree to reinstate the contract; and
(2) amend the contract as provided by Section 348.113.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.