After a demand for payment in full under a retail installment contract, the retail buyer and holder of the contract may:

1. (1) agree to reinstate the contract; and
2. (2) amend the contract as provided by Section 353.113.

Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.