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

Tex. Finance Code § 349.102: LIABILITY FOR MULTIPLE VIOLATIONS IN ONE TRANSACTION.

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 349. PENALTIES AND LIABILITIES
SUBCHAPTER B. GENERAL LIMITATIONS ON LIABILITY

(a) A person who would be liable under Sections 349.001 and 349.003 as a result of the same transaction is liable only for the penalties provided by Section 349.001.

(b) An obligor is entitled to only one recovery for multiple violations of this subtitle that occur in the same 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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