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

Tex. Finance Code § 346.203: MORE THAN ONE REVOLVING CREDIT ACCOUNT AUTHORIZED.

Where this section sits in the code

FINANCE CODE
TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
CHAPTER 346. REVOLVING CREDIT ACCOUNTS
SUBCHAPTER C. CREDITOR'S DUTIES AND AUTHORITY

(a) On a customer's request, a creditor may enter into more than one revolving credit account with the customer and may charge interest on each account.

(b) A creditor may not require that a customer enter into more than one revolving credit account for the purpose of collecting interest at a rate greater than the rate authorized by law.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

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

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