# 7 Tex. Admin. Code § 84.803: 7 TAC § 84.803. Relationship with Federal Law

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_803

## Section

- **Citation:** 7 Tex. Admin. Code § 84.803
- **Heading:** 7 TAC § 84.803. Relationship with Federal Law
- **Jurisdiction:** Texas
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Texas Administrative Code / Title 7 BANKING AND SECURITIES / Part 5 OFFICE OF CONSUMER CREDIT COMMISSIONER / Chapter 84 MOTOR VEHICLE INSTALLMENT SALES / 7 TAC § 84.803

## Text

(a) Applicability of federal law. The disclosure requirements
 of the Truth in Lending Act,
15 U.S.C. §§1601
- 1667f, and
 its implementing regulation, Regulation Z,
12 C.F.R. Parts 226
and
 1026, and specifically
12 C.F.R. §226.18
(f) and §1026.18(f),
 regarding variable rate disclosures, apply according to their terms
 to some retail installment transactions subject to this chapter.
(b) Inconsistency. In the event of any inconsistency
 or conflict between the disclosure or notice requirements in these
 provisions and any current or future federal law, regulation, or interpretation,
 the requirements of the federal law, regulation, or interpretation
 will control to the extent of the inconsistency.
(c) Amount financed. In the model clauses provided
 by this subchapter, a licensee may replace the term "principal balance"
 with "amount financed" whenever the amount financed, computed in accordance
 with federal Regulation Z, is the same as the principal balance computed
 in accordance with the Texas Finance Code.
(d) Annual percentage rate. In the model clauses provided
 by this subchapter, a licensee may replace the term "contract rate"
 with "annual percentage rate" whenever the annual percentage rate,
 computed in accordance with federal Regulation Z, is the same as the
 contract rate computed in accordance with the Texas Finance Code.

## Nearby sections

- [7 Tex. Admin. Code § 84.801 7 TAC § 84.801. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_801.md)
- [7 Tex. Admin. Code § 84.802 7 TAC § 84.802. Non-Standard Contract Filing Procedures](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_802.md)
- [7 Tex. Admin. Code § 84.803 7 TAC § 84.803. Relationship with Federal Law](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_803.md)
- [7 Tex. Admin. Code § 84.804 7 TAC § 84.804. Disclosures and Contract Provisions Required by Texas Finance Code](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_804.md)
- [7 Tex. Admin. Code § 84.805 7 TAC § 84.805. Other Disclosures Required by Commission Rule](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_805.md)
- [7 Tex. Admin. Code § 84.806 7 TAC § 84.806. Format](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_806.md)
- [7 Tex. Admin. Code § 84.807 7 TAC § 84.807. Contract Provisions](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_807.md)
- [7 Tex. Admin. Code § 84.808 7 TAC § 84.808. Model Clauses](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_808.md)
- [7 Tex. Admin. Code § 84.809 7 TAC § 84.809. Model Contract; Permissible Changes](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_809.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T7_P5_C84_S84_803. Check the current official text before relying on it. Not legal advice.