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

Tex. Finance Code § 347.502: LIABILITY FOR CHARGE EXCEEDING AMOUNT 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 347. MANUFACTURED HOME CREDIT TRANSACTIONS
SUBCHAPTER K. CREDITOR'S LIABILITY; PENALTIES

(a) Notwithstanding Chapter 349, a creditor who contracts for, charges, or receives a charge relating to a credit transaction, other than interest or time price differential, that is more than that authorized by this chapter is liable to the consumer as provided by Section 349.003.

(b) For purposes of this section, a late fee, default charge, or delinquency charge is included as a charge relating to a credit transaction.

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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