Sec. 345.062.  ACCELERATION OF DEBT MATURITY.  A retail installment contract or retail charge agreement may not authorize the holder to accelerate the maturity of all or a part of the amount owed under the contract or agreement unless:
(1)  the retail buyer is in default in the performance of any of the buyer's obligations;  or
(2)  the holder believes in good faith that the prospect of the buyer's payment or performance is impaired.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.