Tex. Transp. Code § 501.112

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 501.112 - Sale or Security Interest Not Created By Certain Vehicle Leases

Notwithstanding any other law, an agreement for the lease of a motor vehicle does not create a sale or security interest by merely providing that the rental price is permitted or required to be adjusted under the agreement as determined by the amount realized on the sale or other disposition of the vehicle.

Tex. Transp. Code § 501.112

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.