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

Tex. Finance Code § 371.161: EARLY REDEMPTION: REDUCTION OF PAWN SERVICE CHARGE.

Where this section sits in the code

FINANCE CODE
TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
SUBTITLE C. PAWNSHOPS
CHAPTER 371. PAWNSHOPS
SUBCHAPTER D. OPERATION OF PAWNSHOPS

If a pledgor redeems the pledged goods before the maturity date of the pawn transaction, any part of the pawn service charge that exceeds $15 shall be reduced by an amount equal to one-thirtieth of the total pawn service charge for each day between the date on which redemption occurs and the original maturity date.

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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