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Senate Bill 1778 |
Senate Author: Paxton |
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Effective: 9-1-19 |
House Sponsor: Holland |
Senate Bill 1778 amends the Business & Commerce Code to authorize a lessee under a personal, family, or household motor vehicle lease agreement to contract with a lessor for an excess wear and use waiver in connection with the lease agreement. The waiver must be in writing and must contain certain specified disclosures. The bill makes a lessor who violates the bill's provisions liable for a civil penalty, provides for injunctive relief for a person injured or threatened with injury by a violation of the bill's provisions, and authorizes the attorney general or a county or district attorney to bring an action for the civil penalty, the injunctive relief, or both.