Tex. Codes » Transportation Code · TITLE 7. VEHICLES AND TRAFFIC · SUBTITLE A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES · CHAPTER 501. CERTIFICATE OF TITLE ACT
Texas Codes

Tex. Transp. Code § 501.112 (2026)

Sale Or Security Interest Not Created By Certain Vehicle Leases

✓ current as of May 2026
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Sec. 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.

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

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 2010–2023 · leading case: Hitchin Post Steak Co. v. Gen. Elec. Capital Corp. (In Re HP Distrib., LLP), 436 B.R. 679 (Bankr. D. Kan. 2010).
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Hitchin Post Steak Co. v. Gen. Elec. Capital Corp. (In Re HP Distrib., LLP), 436 B.R. 679 (Bankr. D. Kan. 2010). · cites it 3× “See Tex. Transp. Code Ann. § 501.112 (West 2009); Kan.”
In Re Hb Logistics, LLC, 460 B.R. 291 (Bankr. N.D. Ala. 2011). “§ 1-203 and Tex. Transp. Code Ann. § 501.112 . 26 . Miss.”
Genco Constellation Ltd. v. BG Shipping Co. Ltd. (S.D. Tex. 2023). “at 686 (citing TEX. TRANSP. CODE ANN. § 501.112). That statute is simply not relevant in this maritime matter.”
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