Sec. 353.108.  CHARGES FOR COLLECTING DEBT.  A retail installment contract may provide for the payment of:
(1)  reasonable attorney's fees if the contract is referred for collection to an attorney who is not a salaried employee of the holder;
(2)  court costs and disbursements; and
(3)  reasonable out-of-pocket expenses incurred in connection with the repossession or sequestration of the commercial vehicle securing the payment of the contract or foreclosure of a security interest in the vehicle, including the costs of storing, reconditioning, and reselling the vehicle, subject to the standards of good faith and commercial reasonableness set by Title 1, Business & Commerce Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.