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

Tex. Finance Code § 305.101: ACCIDENTAL AND BONA FIDE ERROR.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
  3. SUBTITLE A. INTEREST
  4. CHAPTER 305. PENALTIES AND REMEDIES
  5. SUBCHAPTER B. EXCEPTION FROM LIABILITY

A creditor is not subject to penalty under this chapter for any usurious interest that results from an accidental and bona fide error.

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

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

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