{"data":{"id":"us-tx/tex.-business-commerce-code-604.052","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 604.052","heading":"FEES OR CHARGES THAT DECREASE UNREDEEMED BALANCE OF CARD.","body":"The issuer of a stored value card may impose or collect a periodic fee or other charge that causes the unredeemed balance of the card to decrease over time only if the fee:\n(1) is reasonable;\n(2) is not assessed until after the first anniversary of the date the card is sold or issued; and\n(3) is disclosed as required by Subchapter C.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.","path":["BUSINESS AND COMMERCE CODE","TITLE 12. RIGHTS AND DUTIES OF CONSUMERS AND MERCHANTS","CHAPTER 604. SALE OR ISSUANCE OF STORED VALUE CARD","SUBCHAPTER B. PERMISSIBLE FEES"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.604.htm#604.052","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"731a097c453c631ad9b32c020a9644c9126fff53849396353c7b8c011e90e8f6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-604.051","next":"us-tx/tex.-business-commerce-code-604.101"},"notice":"GroundRules: Original legal text. Not legal advice."}