Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 303.301: AGREEMENT TO WHICH CHAPTER DOES NOT APPLY.

Where this section sits in the code

FINANCE CODE
TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
SUBTITLE A. INTEREST
CHAPTER 303. OPTIONAL RATE CEILINGS
SUBCHAPTER D. LIMITATIONS ON APPLICABILITY OF CHAPTER

The rate ceilings provided by this chapter do not apply to an agreement:

(1) under which credit is extended by the seller, or an owner, subsidiary, or corporate affiliate of the seller, for a transaction governed by Chapter 601, Business & Commerce Code; and

(2) that is secured by a lien on the obligor's homestead.

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.

Amended by:

Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.16, eff. April 1, 2009.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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