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

Tex. Finance Code § 349.004: LIABILITY RELATED TO CRIMINAL OFFENSE.

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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 B. LOANS AND FINANCED TRANSACTIONS
  4. CHAPTER 349. PENALTIES AND LIABILITIES
  5. SUBCHAPTER A. CIVIL PENALTIES

In addition to other applicable penalties, a person who commits an offense under Section 349.502 is liable to the obligor for an amount equal to:

(1) the principal of and all charges contracted for or collected on each loan made without the authority required by Chapter 342 or 346; and

(2) reasonable attorney's fees incurred by the obligor.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.56, eff. Sept. 1, 1999.

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

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