Tex. Finance Code § 349.501: OFFENSE OF CHARGES EXCEEDING TWICE 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 349. PENALTIES AND LIABILITIES
- SUBCHAPTER F. CRIMINAL OFFENSES
(a) A person commits an offense if the person contracts for, charges, or receives interest, time price differential, and other charges that in an aggregate amount exceed twice the total amount of interest, time price differential, and other charges authorized by this subtitle.
(b) An offense under this section is a misdemeanor punishable by a fine of not more than $100.
(c) Each contract or transaction that violates Subsection (a) is a separate offense.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Collected 2026-08-27T01:47:13Z. Source file · JSON