(a) Purpose. The purpose of this section is to specify the maximum documentary fee in a retail installment transaction for the sale of a motorcycle, moped, all-terrain vehicle, boat, boat motor, boat trailer, or towable recreational vehicle, as provided by Texas Finance Code, §345.251.(b) Definitions.(1) All-terrain vehicle--Has the meaning provided by Texas Transportation Code, §551A.001(1).(2) Boat--A vessel, as described by Texas Parks and Wildlife Code, §31.003(2).(3) Boat motor--An outboard motor, as described by Texas Parks and Wildlife Code, §31.003(13).(4) Covered land vehicle--A motorcycle, moped, all-terrain vehicle, boat trailer, or towable recreational vehicle.(5) Covered watercraft--A boat or boat motor.(6) Moped--Has the meaning provided by Texas Transportation Code, §541.201(8).(7) Motorcycle--Has the meaning provided by Texas Transportation Code, §541.201(9).(8) Retail installment contract--Has the meaning provided by Texas Finance Code, §345.001(6) and refers to one or more instruments entered into that evidence a secured or unsecured retail installment transaction for the sale of goods under Texas Finance Code, Chapter 345.(9) Towable recreational vehicle--Has the meaning provided by Texas Finance Code, §348.001(10-a).(c) Contract for covered land vehicles only. For a retail installment contract for the purchase of one or more covered land vehicles, the reasonable maximum amount of the documentary fee is $200.(d) Contract for covered watercraft only. For a retail installment contract for the purchase of one or more covered watercraft, the reasonable maximum amount of the documentary fee is $200.(e) Contract for both covered land vehicles and covered watercraft. For a retail installment contract for the purchase of one or more covered land vehicles and one or more covered watercraft, the reasonable maximum amount of the documentary fee is $250.